The Impact of Unit Trains on Corn Price Relationships at Country Elevators

Linwood Hoffman, Steve C. Bermingham and Lowell D. Hill

No 284068, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The effect of unit trains on market destination changes, corn prices paid to farmers, price variability, .arid daily pricing activities were analyzed at selected country elevators . Two case studies ,were conducted with country elevators from an Illinois cash grain area. Each case study included one elevator shipping by unit trains and three. or four nearby elevators without unit train shipping facilities. Although market destinations changed as a result of unit train shipping, prices paid to farmers did not increase significantly, no/ was price, variability lessened significantly. Pricing activities seemed to become less related for one case. but more closely related for the second case.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Pages: 25
Date: 1975-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea75:284068

DOI: 10.22004/ag.econ.284068

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