COST OF SEGREGATING NON-TRANSGENIC GRAINS AT COUNTRY ELEVATORS IN SOUTH DAKOTA
Bashir A. Qasmi,
Evert Van der Sluis and
Clayton J. Wilhelm
No 36262, 2004 Annual Meeting, June 30-July 2, 2004, Honolulu, Hawaii from Western Agricultural Economics Association
Abstract:
Genetically modified grains have rapidly become popular among producers across U.S. Some consumers, particularly in the EU, South Korea, and Japan, are unwilling to purchase products containing ingredients from genetically modified or transgenic crops. This paper develops a model to represent costs of segregating non-transgenic grains at country elevators and simulates these costs at representative elevators in South Dakota under alternative scenarios employing a case study approach. The overall cost of segregating non-transgenic grains under a zero rejection rate ranged from 1.5 to 21.7, 1.2 to 11.3, and 1.3 to 16.4 cents per bushel, for corn, soybeans, and wheat, respectively.
Keywords: Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 25
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:waeaho:36262
DOI: 10.22004/ag.econ.36262
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