The role of quality characteristics in pricing hard red winter wheat

نویسندگان

چکیده

This study empirically examines the role of conventional and end-use wheat quality characteristics as well transportation costs on pricing U.S. hard red winter (HRWW) utilizing a hedonic price analysis framework, detailed characteristic data location matched data. We find evidence that multiple (milling baking) have statistically significant economically important effect HRWW. suggests that, although HRWW producers are not directly paid premiums or discounts for characteristics, they can be indirectly through regional prices. also evaluate information about harvest progresses. Results suggest progresses, prices updated to reflect changes in quality. revisions policy standard grade factors improve transparency between farmers sheets millers bakers value.

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ژورنال

عنوان ژورنال: Food Policy

سال: 2022

ISSN: ['0306-9192', '1873-5657']

DOI: https://doi.org/10.1016/j.foodpol.2022.102246