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Increasing Concentration In The U.S. Hard Wheat Milling Industry

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  • Stiegert, Kyle W.
  • Carton, Olivier

Abstract

This research shows that increased concentration in the U.S. wheat milling industry has not led to noncompetive pricing in upstream or downstream markets. Increased concentration has helped to reduce the marketing margin by $0.65 for every 100 pounds of flour produced. This is about 7% of the average marketing margin.

Suggested Citation

  • Stiegert, Kyle W. & Carton, Olivier, 1998. "Increasing Concentration In The U.S. Hard Wheat Milling Industry," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20860, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea98:20860
    DOI: 10.22004/ag.econ.20860
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    References listed on IDEAS

    as
    1. Peltzman, Sam, 1977. "The Gains and Losses from Industrial Concentration," Journal of Law and Economics, University of Chicago Press, vol. 20(2), pages 229-263, October.
    2. A. M. Azzam, 1992. "Testing The Competitiveness Of Food Price Spreads," Journal of Agricultural Economics, Wiley Blackwell, vol. 43(2), pages 248-256, May.
    3. Mueller, Dennis C., 1996. "Lessons from the United States's antitrust history," International Journal of Industrial Organization, Elsevier, vol. 14(4), pages 415-445, June.
    4. Azzeddine M. Azzam & John R. Schroeter, 1995. "The Tradeoff between Oligopsony Power and Cost Efficiency in Horizontal Consolidation: An Example from Beef Packing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(4), pages 825-836.
    5. Stiegert, Kyle W. & Hamilton, Stephen F., 1998. "Backward Implicit Contracts, Pre-Commitment And Market Power In The International Durum Wheat Market," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20833, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. repec:bla:econom:v:46:y:1979:i:183:p:295-300 is not listed on IDEAS
    7. repec:bla:jindec:v:45:y:1997:i:4:p:377-86 is not listed on IDEAS
    8. Azzeddine M. Azzam, 1997. "Measuring Market Power and Cost‐efficiency Effects of Industrial Concentration," Journal of Industrial Economics, Wiley Blackwell, vol. 45(4), pages 377-386, December.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Johnson, D. Demcey, 2002. "Issues And Trends In The U.S. Field Crop Sector," Proceedings of the 7th Agricultural and Food Policy Systems Information Workshop, 2001: Structural Change as a Source of Trade Disputes Under NAFTA 16876, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.

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