Abstract

Interest in grain quality of US soybean has grown in recent years. For example, in 1990, there was much interest in "component pricing" of soybean grain, Under that plan, growers would be paid a price for their grain that reflected the value of the protein and oil it actually contained, rather than the common price paid to all growers, regardless of any variation in protein and oil content. However, the soybean processing industry is evidently not excited about the complexity of testing individual lots for protein and oil and keeping track of pricing structures depending on those results. As a result, component pricing has yet to happen.

Publication Date

1995

Volume

28

Number

2

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