The Role of Quality in Corn Import Decisionmaking

Stephanie A. Mercier

No 308286, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: U.S. corn exports continue to dominate the world coarse grain market with little change in U.S. market share. The lack of gains in the U.S. share over the past few decades has renewed interest in the question of whether corn cleaning would help the competitiveness of U.S. grain. Mandating cleaner corn under current production and marketing practices would have little appreciable effect on the market share or value of U.S. corn exports. The bottom line is that the world corn market is functioning fairly well, based on importers’ knowledge of the type and the characteristics of corn they generally receive from various exporters. This study focuses on the function of quality in the import decisionmaking process, particularly as it relates to the cleanliness of corn.

Keywords: Crop Production/Industries; Demand and Price Analysis; International Relations/Trade; Marketing (search for similar items in EconPapers)
Pages: 52
Date: 1994-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:308286

DOI: 10.22004/ag.econ.308286

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