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Economic Effects of Updating Protein Calibration for Hard Red Spring Wheat

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  • Lin, William

Abstract

Changing the protein calibration for hard red spring (HRS) wheat has minimal effects on producers' income. The new protein calibration, which was implemented on January 24, 1994, yields a 0.16-percentage point higher protein content for the 1993 HRS wheat. However, protein premiums would decline for major producing States as a result of an increase in the perceived supply of wheat protein. On a per-bushel basis, wheat producers gain an additional $0.15 due to an increase in protein content. This gain, however, would be offset by an equal amount of loss due to a decline in protein premiums.

Suggested Citation

  • Lin, William, 1994. "Economic Effects of Updating Protein Calibration for Hard Red Spring Wheat," Staff Reports 278745, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:278745
    DOI: 10.22004/ag.econ.278745
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    References listed on IDEAS

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    1. Hoffman, Linwood A. & Harwood, Joy L. & Leath, Mack N., 1988. "Economic Effects Of Standardizing Wheat Protein Reporting," Staff Reports 278122, United States Department of Agriculture, Economic Research Service.
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