Pricing of raw agricultural products by quality attributes: Case study of Concord grapes
R. J. Folwell,
Vicki McCracken,
J. R. Ellis,
S. Spayd and
J. Yarnell
Additional contact information
R. J. Folwell: Department of Agricultural Economics, Washington State University, Postal: Department of Agricultural Economics, Washington State University
J. R. Ellis: Department of Agricultural Economics, Washington State University, Postal: Department of Agricultural Economics, Washington State University
S. Spayd: Department of Agricultural Economics, Washington State University, Postal: Department of Agricultural Economics, Washington State University
J. Yarnell: Department of Agricultural Economics, Washington State University, Postal: Department of Agricultural Economics, Washington State University
Agribusiness, 1990, vol. 6, issue 5, 475-488
Abstract:
Numerous fruits and vegetables are priced according to the level of one or more quality characteristics. From a grower's perspective there is a trade-off between quantity (yield) and the quality characteristics for which priced premiums are explicitly paid. This article develops a procedure to analyze such trade-offs and applies it to the situation of Concord grapes. The quality attributes included were soluble solids (sugar), pH, acid, and color. Relationships among these attributes and yield were estimated using regression procedures. The estimated coefficients were used in a separable programming model in order to impute values for the attributes.
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:6:y:1990:i:5:p:475-488
DOI: 10.1002/1520-6297(199009)6:5<475::AID-AGR2720060506>3.0.CO;2-2
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