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risk premium required for sellers to undertake a dual marketing system with GM/Non-GM segregations over the current Non …-GM system. Elements of costs (testing costs, rejection costs, and risk premium) were estimated for a base model representing a … risk of adventitious commingling at all stages of the marketing chain, grower truth-telling, variety declaration, and …
Persistent link: https://www.econbiz.de/10005338102
this study, data were collected from a survey of elevators in the Upper Midwest. The information focused on segregation … practices, time requirements, and costs. This study shows the different costs (grading and handling) associated with segregation … importance. A stochastic simulation model of an engineering cost function is developed to analyze costs for segregation and …
Persistent link: https://www.econbiz.de/10005331063
(minimizes disutility) of additional system costs due to testing and quality loss and allows simulation of the risk premium … related to testing, quality loss, and a risk premium were estimated for a model representing a grain export chain …. Uncertainties were incorporated and include test accuracy, risk of adventitious commingling throughout, and variety declaration …
Persistent link: https://www.econbiz.de/10005494011
strategies can resolve these challenges. Contracts can be designed to induce legal adoption of GM wheat by varying technology … determine terms to minimize technology agreement violation and to induce legal adoption of GM wheat. A simulation model of a … crop budget for Hard Red Spring wheat was developed. Results illustrate that contracts can be designed to induce desired …
Persistent link: https://www.econbiz.de/10005338092
grains increased costs due to testing requirements and increased segregation demands as the number of wheat categories rises. … determine how testing strategies affect the logistical costs of a grain pipeline when GM wheat is present. A logistical model …
Persistent link: https://www.econbiz.de/10005331065
Marketing of specialty and identity preserved grains has become an important strategy in the grain marketing industry and is being driven, in part, by consumer and processor demand and an interest in non-GM products. This study provides background and practices of numerous organizations involved...
Persistent link: https://www.econbiz.de/10005494043
biotechnology issue, but no commercial varieties of genetically modified (GM) wheat have been released yet. Primary opportunities …Agricultural biotechnology is advancing rapidly and is embracing all major crops. The adoption of genetically modified … corn, soybeans, and cotton have reached high levels in the United States. Wheat is the next major crop confronting the …
Persistent link: https://www.econbiz.de/10005331077
wheat become more specific about quality, the number of quality segregations that the logistical pipeline must accommodate … increases. The additional cost of increased grain segregations will influence the optimal level of wheat variety segregations … may differ from the wheat categories demanded or the number of storage bins present at the export elevator. …
Persistent link: https://www.econbiz.de/10005331080
the subtraction of moisture) would increase reported prices from 42 to 70 c/bu for the wheat classes, while changing to a …
Persistent link: https://www.econbiz.de/10005331081
allocation among participants in the wheat marketing system (farmers, grain handlers, and millers). Cost allocations for … techniques that would allow segregation of lots based on quality to recapture this unrealized value. The other change in costs …
Persistent link: https://www.econbiz.de/10005331084