ISSN:
1573-966X
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Abstract Since 1994, progressively more protein grade increments have been added to existing standards for Canadian Western Red Spring (CWRS) wheat. This paper simulates the impact of additional protein increments on the farm value of grain and on revenues from optimal blending by using a linear programming model that maximizes blending revenues, given the protein distribution of No. 1 CWRS wheat for 1990–91 to 1992–93. Both analytical and empirical results show that the outcome depends on the pricing schedule, the protein distribution, and the placement of the new protein grade.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF02295037
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