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Pricing and Marketing Practices for North Dakota Durum and HRS Wheat: 1991 Crop Year

Author

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  • Scherping, Daniel J.
  • Wilson, William W.

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.

Suggested Citation

  • Scherping, Daniel J. & Wilson, William W., 1992. "Pricing and Marketing Practices for North Dakota Durum and HRS Wheat: 1991 Crop Year," Agricultural Economics Miscellaneous Reports 51191, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddmrs:51191
    DOI: 10.22004/ag.econ.51191
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    File URL: https://ageconsearch.umn.edu/record/51191/files/No.163.pdf
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    Cited by:

    1. Johnson, D. Demcey & Wilson, William W., 1993. "Wheat Cleaning Decisions At Country Elevators," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 18(2), pages 1-13, December.
    2. Scherping, Daniel J. & Wilson, William W., 1991. "Pricing and Marketing Practices for North Dakota Durum and HRS Wheat: 1990 Crop Year," Agricultural Economics Miscellaneous Reports 51200, North Dakota State University, Department of Agribusiness and Applied Economics.

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