IDEAS home Printed from https://ideas.repec.org/a/ags/jlaare/31004.html
   My bibliography  Save this article

Japanese Demand For Wheat Protein Quantity And Quality

Author

Listed:
  • Stiegert, Kyle W.
  • Blanc, Jean-Pierre

Abstract

Ladd and Martin's hedonic pricing model is extended to include the interactive effect of noncontracted characteristics on the value of contracted characteristics. Marginal values of wheat protein in the Japanese import market are estimated using the interactive effects of noncontracted dough/flour characteristics typically proxied by protein. Protein value is linked positively to farinograph stability, a prime factor in blending different flours. Three high protein wheats maintained about the same marginal value of protein. The marginal value for the two low protein wheats appear more end-use dependant. They varied in a $2.00/ton range depending on protein absorption, stability, and extensibility.

Suggested Citation

  • Stiegert, Kyle W. & Blanc, Jean-Pierre, 1997. "Japanese Demand For Wheat Protein Quantity And Quality," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(1), pages 1-16, July.
    • Handle: RePEc:ags:jlaare:31004
    DOI: 10.22004/ag.econ.31004
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/31004/files/22010104.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.31004?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Wilson, William W. & Gallagher, Paul W., 1990. "Quality Differences And Price Responsiveness Of Wheat Class Demands," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 15(02), December.
    2. Wilson, William W., 1994. "Demand For Wheat Classes By Pacific Rim Countries," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 19(1), pages 1-13, July.
    3. Wilson, William W. & Gallagher, Paul, 1990. "Quality Differences and Price Responsiveness of Wheat Class Demands," ISU General Staff Papers 199012010800001447, Iowa State University, Department of Economics.
    4. Fredoun Z. Ahmadi-Esfahani & Roland G. Stanmore, 1994. "Values of Australian wheat and flour quality characteristics," Agribusiness, John Wiley & Sons, Ltd., vol. 10(6), pages 529-536.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lavoie, Nathalie, 2002. "An Empirical Evaluation Of The Canadian Wheat Board'S Ability To Price Discriminate In Bread Wheat Exports," 2002 Annual meeting, July 28-31, Long Beach, CA 19646, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Suleyman KARAMAN & Feyza YAVUZ, 2014. "Hedonic price analysis of the quality characteristics of Anatolian hard red wheat," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 60(10), pages 469-478.
    3. Wachenheim, Cheryl J. & Nganje, William E. & Kaitibie, Simeon & Johnston, Gretchen, 2005. "Consumer Willingness to Pay for Breads Marketed as "Low-Carbohydrate"," 2005 Annual meeting, July 24-27, Providence, RI 19428, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Goodwin, Barry K. & Smith, Vincent H., 2009. "Harvest-Time Protein Shocks and Price Adjustment in U.S. Wheat Markets," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 34(2), pages 1-19, August.
    5. Stiegert, Kyle W. & Wang, Shinn-Shyr, 2003. "Imperfect Competition And Strategic Trade Theory: What Have We Learned," Working Papers 14589, International Agricultural Trade Research Consortium.
    6. Roberts, Shane & Brooks, Kathleen & Nogueira, Lia & Walters, Cory G., 2022. "The role of quality characteristics in pricing hard red winter wheat," Food Policy, Elsevier, vol. 108(C).
    7. Balzer, Brian & Stiegert, Kyle W., 1999. "The European Union-United States Wheat Gluten Policy Dispute," Journal of Food Distribution Research, Food Distribution Research Society, vol. 30(2), pages 1-10, July.
    8. Lavoie, Nathalie, 2001. "Price Discrimination In The Context Of Vertical Differentiation: A Modeling Approach For Wheat Exports," 2001 Annual meeting, August 5-8, Chicago, IL 20603, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Parcell, Joseph L. & Stiegert, Kyle W., 1998. "Competition For U.S. Hard Wheat Characteristics," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(1), pages 1-15, July.
    10. Schmitz, Troy G. & Wahl, Thomas I., 1998. "A System-Wide Approach For Analyzing Japanese Wheat Import Allocation Decisions," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20780, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Rakesh Paliwal & Gejo Geevarghese & P. Ram Babu & P. Khanna, 1999. "Valuation of Landmass Degradation Using Fuzzy Hedonic Method: A Case Study of National Capital Region," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 14(4), pages 519-543, December.
    12. Bucheli, Janic & Visse, Margot & Herrera, Juan & Häner, Lilia Levy & Tack, Jesse & Finger, Robert, 2022. "Precipitation causes quality losses of economic relevance in wheat production," 96th Annual Conference, April 4-6, 2022, K U Leuven, Belgium 321208, Agricultural Economics Society - AES.
    13. Fengxia Dong & Thomas L. Marsh & Kyle W. Stiegert, 2006. "State Trading Enterprises in a Differentiated Product Environment: The Case of Global Malting Barley Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(1), pages 90-103.
    14. Fengxia Dong & Thomas L. Marsh & Kyle W. Stiegert, 2003. "State Trading Enterprises in a Differentiated Environment: The Case of Global Malting Barley Markets," Food and Agricultural Policy Research Institute (FAPRI) Publications (archive only) 03-wp350, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    15. Parcell, Joseph L. & Stiegert, Kyle W., 2001. "Japanese Demand For Wheat Characteristics: A Market Share Approach," 2001 Annual Meeting, July 8-11, 2001, Logan, Utah 36103, Western Agricultural Economics Association.
    16. Naledzani, Zwiafhela & Chaminuka, Petronella & Nhundu, Kenneth & Machethe, Charles L. & Liebenberg, Frikkie, 2019. "Economic value of quality restrictions on the wheat industry in South Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 58(1), January.
    17. Lavoie, Nathalie, 2002. "Price Discrimination in the Context of Vertical Differentiation: An Application to Canadian Wheat Exports," Research Reports 25210, University of Connecticut, Food Marketing Policy Center.
    18. Stiegert, Kyle W. & Peng, Hsing Ming, 1998. "Liberalization Of The Taiwan Wheat Milling Industry," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 1(2), pages 1-18.
    19. Saito, Yoko & Saito, Hisamitsu & Kondo, Takumi & Osanami, Fumio, 2009. "Quality-oriented technical change in Japanese wheat breeding," Research Policy, Elsevier, vol. 38(8), pages 1365-1375, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dahl, Bruce L. & Wilson, William W., 1996. "Grades/Classes Of Hard Wheats Exported From North America: Analysis Of Demand And Trends," Agricultural Economics Reports 23379, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Dahl, Bruce L. & Wilson, William W., 1999. "Effect Of Hard Red Spring Wheat Consistency On Milling Value," Agricultural Economics Reports 23378, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Veeman, Michele M. & Unterschultz, James R. & Kim, Renee B., 2002. "Canadian Wheat Export Prospects In The Asian Noodle Market: Analyzing Japan And Korean Milling Industries," Project Report Series 24055, University of Alberta, Department of Resource Economics and Environmental Sociology.
    4. Diersen, Matthew A. & Wilson, William W. & Johnson, D. Demcey, 1995. "Quality Uncertainty and Grain Merchandising Risk: Vomitoxin in Spring Wheat," Agricultural Economics Reports 23365, North Dakota State University, Department of Agribusiness and Applied Economics.
    5. Wilson, William W. & Wilson, Wesley & Dahl, Bruce L., 2009. "Protein and the demand for hard wheats," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(2), pages 1-19.
    6. Kim, Renee B. & Veeman, Michele M., 2001. "Korean Beef Import Preferences: Implications For Trade Patterns In The Twenty First Century," 2001: International Trade in Livestock Products Symposium, January 2001, Auckland, New Zealand 14561, International Agricultural Trade Research Consortium.
    7. Anton Bekkerman, 2021. "Quality forecasts: Predicting when and how much markets value higher‐protein wheat," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 69(4), pages 465-490, December.
    8. Wilson, William W., 1995. "Decentralization of Grain Trading: Trends, Implications, and Challenges," 1995 Conference (39th), February 14-16, 1995, Perth, Australia 148784, Australian Agricultural and Resource Economics Society.
    9. Wilson, William W. & Yang, Seung-Ryong, 1994. "Impacts of Wheat Export Strategies on Market Shares," Agricultural Economics Reports 23387, North Dakota State University, Department of Agribusiness and Applied Economics.
    10. Thomas L. Marsh, 2005. "Economic substitution for US wheat food use by class," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 49(3), pages 283-301, September.
    11. Gallagher, Paul W., 2014. "The regional effects of a biomass fuel industry on US agriculture," Energy Policy, Elsevier, vol. 69(C), pages 598-609.
    12. Ahmadi-Esfahani, Fredoun Z. & Stanmore, Roland G., 1994. "Quality Premiums For Australian Wheat In The Growing Asian Markets," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 38(3), pages 1-14, December.
    13. Mohanty, Samarendu & Peterson, E. Wesley F., 1999. "Estimation of Demand for Wheat by Classes for the United States and the European Union," Agricultural and Resource Economics Review, Cambridge University Press, vol. 28(2), pages 158-168, October.
    14. Ahmadi-Esfahani, Fredoun Z. & Stanmore, Roland G., 1997. "Export demand for attributes of Australian wheat in Asia and the Middle East," Food Policy, Elsevier, vol. 22(2), pages 145-154, April.
    15. Hufton, Charlie & Griffith, Garry R. & Mullen, John D., 2008. "The influence of weight and fat on lamb prices revisited," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 6021, Australian Agricultural and Resource Economics Society.
    16. Gibbon, Candice & Nolan, Elizabeth, 2011. "The Australian Wool Industry: A hedonic pricing analysis of the factors affecting price of Australian wool," 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia 100552, Australian Agricultural and Resource Economics Society.
    17. Furtan, William Hartley, 2005. "Transformative Change in Agriculture: The Canadian Wheat Board," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 6(2), pages 1-13.
    18. Suleyman KARAMAN & Feyza YAVUZ, 2014. "Hedonic price analysis of the quality characteristics of Anatolian hard red wheat," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 60(10), pages 469-478.
    19. Wilson, William W. & Dahl, Bruce L., 1998. "Grain Quality And North American Hard Wheat Exports," Research Discussion Papers 29249, Montana State University, Department of Agricultural Economics and Economics, Trade Research Center.
    20. Cain, Jewelwayne S. & Parcell, Joseph L. & Kojima, Yasutomo, 2014. "An Empirical Analysis of Demand for U.S. Soybeans in the Philippines," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162458, Southern Agricultural Economics Association.

    More about this item

    Keywords

    Demand and Price Analysis;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jlaare:31004. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/waeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.