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...

This research took from the work of Kohli and Morey in the economics literature to apply a quality derived market share demand function to the international wheat market. Specifically, a Japanese wheat import demand market share model was derived using data for Hard Red Winter, Hard Red Spring,...

This study uses data from a survey of wheat sellers and buyers in five different exchanges in Turkey to gain a better understanding of seller and buyer satisfaction with the current exchange system and factors that influence exchange participants' decisions to choose exchanges over other ways of...

An optimization model is used to evaluate the implications of single-desk selling of Canadian barley for trade flows and producer welfare. Effects on U.S. imports and barley prices are also considered.

Cropping diversity along the United States - Canada border of the Great Plains has not been dominated by either country. U.S. wheat policies impacted diversity in both countries through price and in the U.S. by acreage reduction programs. In the 1990s, cropping diversity increased in Canada and...

The 2002 Food Security and Rural Investment (FSRI) Act introduced a price protection program called Counter Cyclical Payments (CCP) to major grain producers in the US. The CCP program is an addition to the Loan Deficiency Payment (LDP) and Direct Payment (DP) programs from the previous 1996...

Genetically modified grains have rapidly become popular among producers across U.S. Some consumers, particularly in the EU, South Korea, and Japan, are unwilling to purchase products containing ingredients from genetically modified or transgenic crops. This paper develops a model to represent...

To quantify price responsiveness and economic substitutability among wheat classes, derived demand functions were specified from a normalized quadratic profit function. Own-price and cross-price elasticities were estimated for hard red winter, hard red spring, soft wheat (combined red and...

Tomato trade between the U.S. and Mexico has grown significantly during the past decade, with significant implications for markets in both countries. This work examines how terminal market prices for Mexican fresh tomatoes are being affected by price dynamics in distant, integrated markets by...