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 paper develops a portfolio framework to characterize and analyze the impact of price risk faced by sugar beet growers in the Red River Valley and derives implications for capital markets. Other sources of risk incorporated in the analysis are yields and production cost. Results from...

U.S. production of six-rowed malting barley has declined sharply over the last several years. Further, the quality of U.S. malting barley has suffered repeatedly due to disease. This has left the U.S. malting industry dependent on a single-desk seller of malting barley, the Canadian Wheat Board....