Foreign Demand and Surplus Disposal for European Community Wheat

Kevin Gallagher

European Review of Agricultural Economics, 1990, vol. 17, issue 3, 255-70

Abstract: This study examines the EC's foreign demand and pricing strategies in the flour, soviet, and other foreign wheat markets. Demand elasticities are different and the EC tends to charge a different price in each of these three markets. Simulations based on demand estimates suggest that treasury expenditures might be reduced with full exploitation of price discrimination potential. However, disposal costs of prevailing export volumes would have been high, even in the most favorable international environment of the mid-1980s. Copyright 1990 by Oxford University Press.

Date: 1990
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European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo

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