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Economic Analysis Of The Proposed North Dakota Wheat Pool; Summary

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  • Koo, Won W.
  • Nganje, William E.
  • Johnson, D. Demcey
  • Park, Joon J.
  • Taylor, Richard D.

Abstract

The ND Durum Wheat Pool may provide additional revenue to durum wheat producers by raising the domestic prices in the North American market with full cooperation from the Canadian Wheat Board. The pool also could provide additional revenue to its members by improving marketing efficiency. On the other hand, the ND Spring Wheat Pool is less likely to provide additional revenue to spring wheat producers by raising domestic prices, mainly because hard red spring and winter wheat are highly substitutable. Efficiency gains also could be smaller than for durum wheat.

Suggested Citation

  • Koo, Won W. & Nganje, William E. & Johnson, D. Demcey & Park, Joon J. & Taylor, Richard D., 1999. "Economic Analysis Of The Proposed North Dakota Wheat Pool; Summary," Agricultural Economics Reports 23453, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaer:23453
    DOI: 10.22004/ag.econ.23453
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    References listed on IDEAS

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    1. Kreps, David M. & Milgrom, Paul & Roberts, John & Wilson, Robert, 1982. "Rational cooperation in the finitely repeated prisoners' dilemma," Journal of Economic Theory, Elsevier, vol. 27(2), pages 245-252, August.
    2. Nash, John, 1953. "Two-Person Cooperative Games," Econometrica, Econometric Society, vol. 21(1), pages 128-140, April.
    3. Schmitz, Troy G. & Koo, Won W., 1996. "An Economic Analysis Of International Feed And Malting Barley Markets: An Econometric Spatial Oligopolistic Approach," Agricultural Economics Reports 23286, North Dakota State University, Department of Agribusiness and Applied Economics.
    4. Benirschka, Martin & Koo, Won W., 1995. "World Wheat Policy Simulation Model: Description and Computer Program Documentation," Agricultural Economics Reports 23333, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Fulton, Murray E. & Vercammen, James, 1996. "Dual Marketing And The Decisions Facing Western Canadian Farmers For Wheat And Barley Marketing: A Brief To The Western Grain Marketing Panel," Miscellaneous Publications 31759, University of Saskatchewan, Centre for the Study of Co-operatives.
    6. Dahl, Bruce L. & Wilson, William W., 1998. "Consistency Of Quality Characteristics In Hard Red Spring Wheats; Summary," Agricultural Economics Reports 23305, North Dakota State University, Department of Agribusiness and Applied Economics.
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    Cited by:

    1. Nganje, William E. & Koo, Won W. & Johnson, D. Demcey & Park, Joon J. & Taylor, Richard D., 2000. "Operational Efficiency Of Us/Canada Wheat Pool: A Game Theory Analysis," 2000 Annual Meeting, June 29-July 1, 2000, Vancouver, British Columbia 36439, Western Agricultural Economics Association.
    2. Koo, Won W. & Uhm, Ihn H., 2000. "U.S.-Canada Border Disputes In Grains: Dynamic Interface Between The Free Trade Agreement And Trade Remedy Laws," Agricultural Economics Reports 23267, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Baek, Jungho & Mattson, Jeremy W. & Koo, Won W., 2009. "Analyzing Effects of the U.S. Duties on Canadian Hard Red Spring Wheat," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 10(2), pages 1-22.

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