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The Conduct Of Wheat Marketing In North Africa

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  • Gardner, George R.
  • Skully, Davide W.

Abstract

The North African wheat market, accounting for about 12 percent of world wheat imports, is growing rapidly and has become the focus of fierce competition between U.S. and European Community wheat suppliers. Demand is.driven by heavy consumer subsidies, rapid population growth, and high per-capita wheat consumption. The world wheat market structure is oligopolistic (with few sellers), and concessional credit is the principal tactic of supplier rivalry. Because credit permeates the North African market, the real economic cost of wheat to importing nations is much lower than the nominal price; discount coefficients of 0.36 to 0.80 are typical in recent years.

Suggested Citation

  • Gardner, George R. & Skully, Davide W., 1986. "The Conduct Of Wheat Marketing In North Africa," Staff Reports 277903, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:277903
    DOI: 10.22004/ag.econ.277903
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    References listed on IDEAS

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    1. Alex F. McCalla, 1966. "A Duopoly Model of World Wheat Pricing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(3_Part_I), pages 711-727.
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    3. Chris M. Alaouze & A. S. Watson & N. H. Sturgess, 1978. "Oligopoly Pricing in the World Wheat Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(2), pages 173-185.
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    5. Salathe, Larry & Langley, Suchada V., 1986. "An Empirical Analysis of Alternative Export Subsidy Programs for U.S. Wheat," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 38(1), pages 1-18.
    6. Charles D. Kolstad & Anthony E. Burris, 1986. "Imperfectly Competitive Equilibria in International Commodity Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(1), pages 27-36.
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    Cited by:

    1. Jaouad, Mohamed, 1994. "An agricultural policy and trade model for Morocco," ISU General Staff Papers 1994010108000011483, Iowa State University, Department of Economics.
    2. MacDonald, Stephen, 1992. "The Accuracy of USDA's Export Forecasts," Staff Reports 278679, United States Department of Agriculture, Economic Research Service.
    3. Shapouri, Shahla & Rosen, Stacey L., 1987. "Effect of Fiscal Austerity on African Food Imports," Foreign Agricultural Economic Report (FAER) 147984, United States Department of Agriculture, Economic Research Service.

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    Keywords

    Crop Production/Industries; Marketing;

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