Sorting and Blending Under Quality Uncertainty: Application to Wheat Protein
Quality uncertainty is of considerable interest to the grain industry. In this paper, uncertainty is incorporated in a model of grain blending decisions. A mixed-integer, nonlinear optimization problem is developed. Simulations illustrate the effect of crop quality on blending decisions, and the effect of blending activities on the distribution of protein within a wheat marketing channel.
|Date of creation:||2005|
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- Johnson, D. Demcey & Scherping, Daniel J. & Wilson, William W., 1992.
"Wheat Cleaning Decisions at Country Elevators,"
Agricultural Economics Reports
23329, North Dakota State University, Department of Agribusiness and Applied Economics.
- Hennessy, David A., 1996. "Economics of Purifying and Blending, The," Staff General Research Papers 5261, Iowa State University, Department of Economics.
- Sivaraman, Eswar & Lyford, Conrad P. & Brorsen, B. Wade, 2002. "A General Framework For Grain Blending And Segregation," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 20(2).
- Wilson, William W., 1986. "Competition in the International Wheat Market," Agricultural Economics Reports 23326, North Dakota State University, Department of Agribusiness and Applied Economics.
- Hennessy, David A. & Wahl, Thomas I., 1997.
"Discount Schedules and Grower Incentives in Grain Marketing,"
Staff General Research Papers
10672, Iowa State University, Department of Economics.
- David A. Hennessy & Thomas I. Wahl, 1997. "Discount Schedules and Grower Incentives in Grain Marketing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(3), pages 888-901.
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