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EFFECT OF HARD RED SPRING WHEAT CONSISTENCY ON MILLING VALUE AgEcon
Dahl, Bruce L.; Wilson, William W..
Increased concerns over the quality of wheat in domestic and export markets has focused attention on the consistency of wheat quality. This study utilized three measures to examine the effect of variability in characteristics on the milling value of wheat. Distributions and correlations for wheat quality characteristics were estimated from U.S. wheat export data from 1985-1997. Effects of variability of wheat characteristics on the value of wheat to the miller for each of the three measures were estimated using a simulation model. U.S. No. 1 exports of Hard Red Spring (HRS) had higher value to millers on each of the three measures (net wheat, millable wheat index, and value added in milling) than did exports of No. 2 or better (OB). However, the value...
Tipo: Working or Discussion Paper Palavras-chave: Quality consistency; Wheat; Net wheat; Millable wheat value index; Milling value; HRS; HRW; Marketing.
Ano: 1999 URL: http://purl.umn.edu/23378
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