As farms increase in size, operators often face the difficult decision of remaining loyal to local merchants or obtaining volume discounts from more distant input suppliers. When farmers bypass local merchants and buy inputs in volume from a wholesaler, they often realize a price discount but...

Buyers of grain use premiums and discounts to convey to suppliers the value of quality characteristics. Premiums and discounts are determined by supply and demand for those quality characteristics. This report, the eighth in a series, contains the results of a 1991 survey of pricing and...