Abstract

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 marketing practices used by North Dakota country elevators for durum and hard red spring (HRS) wheat. Results for HRS wheat show that the protein level increased to the highs of 1988 and 1989 and that the premium for 16 percent protein and the discount for 12 percent protein decreased from the previous year. Discounts continued the downward trend of recent years.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.