Abstract
Abstract This study examines whether the grade determining and official criteria identified by the Federal Grain Inspection Service, including such things as test weight, moisture content, percentage of foreign material, percentage of shrunken and broken kernels, protein content, percentage of dockage, falling number, and the presence of insects influence the price of wheat for export and, in turn, the competitiveness of US wheat in the world market. Using shiplot data on the transactions price for hard red winter wheat, hard red spring wheat, and soft white wheat and the associated quality characteristics covering the period January 1990 to December 1991 and exported to 63 countries, the results suggest that the test weight, the percentage of shrunken and broken kernels, the protein content, the presence of aflatoxin, the presence of insects, and falling number are characteristics consistently valued by the market.
Published Version
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