Designing U.S. Corn Grades to Reflect End Use Value

• Published in: Journal of Agricultural and Applied Economics Vol. 35; no. 1; pp. 15 - 28
• Main Authors: Reimer, Jeffrey J, Hill, Lowell D
• Format: Journal Article
• Language: English
• Published: 01.04.2003
• Edition: 1379
• Subjects: commodity marketing; corn; grades; maize; quality information

The 1986 U.S. Grain Quality Improvement Act introduced an explicit, economic purpose for grades-that they transmit information about end use value-but provided little guidance about what factors to include in grades. We determined which quality characteristics best reflect the processed value of U.S...