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AN ECONOMIC ANALYSIS OF THE POTENTIAL RETURNS FROM A FUTURE NATIONAL WHEAT CHECKOFF PROGRAM

Gary W Williams and J. Mark Welch

No 229601, 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas from Southern Agricultural Economics Association

Abstract: Concerned about growing negative pressure on the U.S. wheat market, from low relative productivity growth and production returns to wheat quality concerns, gluten and other wheat consumption issues and growing wheat export competition, industry leaders have begun a dialogue on the possibility of establishing a national wheat checkoff program similar to those currently in place for other agricultural commodities to enhance wheat industry profits. This study provides an economic assessment of the potential returns from the establishment of a future national wheat checkoff program. In general, the study concludes that a national wheat checkoff program would likely return more to wheat producers in revenues than the cost of the program to them in checkoff assessments.

Keywords: wheat; checkoff program; benefit-cost; Agribusiness; Agricultural and Food Policy; Marketing; Q02; Q13; Q18 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr
Date: 2016
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