Wheat protein is one of the most important specifications used in domestic and import purchase contracts and is used partly as a proxy for functional quality. The purpose of this article is to analyse the demand for wheat delineated by protein class. A choice-based econometric model is specified...

The purpose of this paper is to analyze the dynamics of R&D investments, and the structure of the seed distribution sector using novel data sets that have not been used before to describe competition in these industries. The results describe four sets of issues of particular importance. One is...

This paper describes the extent and characteristics of differentiation in the international wheat market. Results indicate that the degree of differentiation has increased in the last 15 years. A hedonic price function is specified and estimated to examine implicit prices for characteristics and...

Buyers of grain use premiums and discounts to convey to suppliers the value of quality characteristics. Premiums and discounts are determined by supply and demand for those quality characteristics. This report, the eighth in a series, contains the results of a 1991 survey of pricing and...

Cash grain markets have premiums and discounts for quality characteristics that are important to individual market participants. Premiums and discounts are determined by and change with the supply and demand for those quality characteristics. This seventh annual report contains the results of...