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Development of genetically modified (GM) crops is challenging the functions of the grain marketing system. A stochastic optimization model was developed in this study to determine optimal testing strategies. The model chooses the optimal testing strategy that maximizes utility (minimizes...
Persistent link: https://www.econbiz.de/10005662727
Wheat protein is one of the most important specifications used in domestic and import purchase contracts and is used partly as a proxy for functional quality. The purpose of this article is to analyse the demand for wheat delineated by protein class. A choice-based econometric model is specified...
Persistent link: https://www.econbiz.de/10005658948
Changes in crops, increased demand, reductions in natural gas prices, and spatial competition among producers and imports are affecting the nitrogen fertilizer industry. A spatial competition model of the US nitrogen fertilizer industry was developed to determine the likely future spatial...
Persistent link: https://www.econbiz.de/10011208346