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Registros recuperados: 6
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OPERATIONAL EFFICIENCY OF A U.S./CANADIAN WHEAT POOL: A GAME THEORY ANALYSIS AgEcon
Nganje, William E.; Koo, Won W.; Park, Joon J.; Taylor, Richard D..
The problem of declining wheat prices and excess supply has been the subject of recent economic studies partly because it coincides with the Federal Agriculture Improvement and Reform (FAIR) Act of 1996, and partly because efforts to decrease supply domestically have led to increased imports from Canada. This paper develops a game theory optimization model of market efficiency and derives conditions under which voluntary pooling is sustained for U.S./Canadian durum and hard red spring wheat producers. Analysis reveals that U.S. and Canadian farmers can increase farm returns with efficiency gains from pooling and by internalizing benefits from grain blending and logistics. The model is used to analyze diverse factors affecting the sustainability of such...
Tipo: Working or Discussion Paper Palavras-chave: Voluntary pooling; Game theory; Efficiency gains; Durum and HRS wheat marketing; Crop Production/Industries; Marketing.
Ano: 2001 URL: http://purl.umn.edu/23661
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CANADIAN TRANSPORTATION AND GRAIN HANDLING: ISSUES AFFECTING THE NORTH AMERICAN BARLEY SECTOR AgEcon
Park, Joon J.; Wilson, William W.; Johnson, D. Demcey.
The Canadian grain handling and transportation system has undergone substantial change in recent years, particularly since the elimination of rail subsidies in 1995. Competitive pressures and branch line abandonment have forced many primary elevators to close, while scores of new high-throughput elevators have been constructed across the Prairies. Rationalization of the grain handling system and proposals for further deregulation of rail transportation are driven by the need to improve system efficiency. Policy recommendations of the Estey Report (notably, the elimination of rail rate caps, and 'port buying' by the Canadian Wheat Board) would have important consequences for the grain trade and are contentious issues within Canada. Changes in grain...
Tipo: Working or Discussion Paper Palavras-chave: Grain handling; Transportation; Barley; Canadian Wheat Board; Regulatory reform; Rationalization; Crop Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/23158
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U.S./CANADA GRAIN HANDLING AND TRANSPORTATION SYSTEMS AgEcon
Park, Joon J.; Koo, Won W..
The United States and Canada have developed very different grain handling and transportation systems (GHTSs) over the last several decades to compete for global and domestic markets in Canada and the United States under CUSTA. Because the grain industries in both countries face long distance hauls, GHTSs are critically important to their operations and to producer returns. There has been considerable pressure for change in Canada's grain handling and transportation sector. Some industry trends, such as the rationalization of elevators in the Prairies and investments in new high through-put facilities, are being driven by market and competitive forces. Changes in grain handling, reciprocal access to marketing functions, and elimination of rate caps may...
Tipo: Working or Discussion Paper Palavras-chave: Canadian Wheat Board (CWB); Grain Trade; Grain Transportation and Handling System (GHTS); Rail Rate; Railcar Allocation; Rationalization; Rate Cap; Reciprocal Access; Regulation; Reform Package.; Crop Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/23576
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ECONOMIC ANALYSIS OF THE PROPOSED NORTH DAKOTA WHEAT POOL; SUMMARY AgEcon
Koo, Won W.; Nganje, William E.; Johnson, D. Demcey; Park, Joon J.; Taylor, Richard D..
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.
Tipo: Working or Discussion Paper Palavras-chave: Marketing pool; Market power; Efficiency gains; Durum wheat; Hard red spring wheat; Pool price; Organizational structure; Operating costs; Marketing.
Ano: 1999 URL: http://purl.umn.edu/23453
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OPERATIONAL EFFICIENCY OF US/CANADA WHEAT POOL: A GAME THEORY ANALYSIS AgEcon
Nganje, William E.; Koo, Won W.; Johnson, D. Demcey; Park, Joon J.; Taylor, Richard D..
This paper develops a game theory optimization model of market efficiency and derives conditions under which voluntary pooling is sustained for US/Canada durum and hard red spring wheat producers. Analysis reveals that United States and Canadian farmers can increase farm returns with efficiency gains from pooling and by internalizing benefits from grain blending and logistics. The model is used to analyze diverse factors affecting the sustainability of such a pool.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Marketing.
Ano: 2000 URL: http://purl.umn.edu/36439
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ECONOMIC ANALYSIS OF THE PROPOSED NORTH DAKOTA WHEAT POOL AgEcon
Koo, Won W.; Nganje, William E.; Johnson, D. Demcey; Park, Joon J.; Taylor, Richard D..
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.
Tipo: Working or Discussion Paper Palavras-chave: Marketing pool; Market power; Efficiency gains; Durum wheat; Hard red spring wheat; Pool price; Organizational structure; Operating costs; Marketing.
Ano: 1999 URL: http://purl.umn.edu/23173
Registros recuperados: 6
Primeira ... 1 ... Última
 

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