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• W2101644993 abstract "The corn and wheat cash prices in Kansas are affected by a number of local supply-demand, market structure, transportation access and other factors. Kansas corn prices in 2008 were affected by form of business organization, local feedgrain production and livestock feed usage, elevator storage capacity, access to railroad grain handling facilities, and to a limited degree by the number of competitors in local markets. During 2008 geographic proximity to grain ethanol plants did not have a positive statistically significant impact on local corn prices, although a number of mitigating factors may have existed during that time period. Kansas wheat prices in 2008 were affected by local wheat production, elevator storage capacity, the number of competitors in local markets, and by location relative to flour mills in the state. Evidence of operating cost and efficiency differences among grain elevators indicate the presence of market power in local Kansas grain markets. A disparity exists in the size of grain storage and handling facilities and rail car capacities among grain elevators in Kansas. A small number of larger capacity grain elevator facilities exist throughout the state along with a large number of medium to small facilities. There is also a marked disparity among geographic crop reporting districts in Kansas in terms of grain production, grain elevator capacity, and associated rail car handling capacity. A large number of multiple location agribusiness firms exist in Kansas. These multiple location firms are mostly Cooperatives operating in regional markets, but there are also a limited number of major Independent and Joint Venture multi-location firms in the state. A small number of multiple site Independent firms exist that have large grain handling and rail capacity which are widely dispersed across the state. Competitive market conditions in local/regional grain markets in Kansas tend to be affected by the existence and location of shuttle and/or unit train grain handling facilities and major grain terminals. Delineation of rail procurement areas offers an “upstream – downstream” perspective of grain markets and grain market flows in regions that depend on rail transportation to move grain from producing areas to exporters, processors and/or livestock feeders. Truck transport of grain is a major factor in movement of grain and feed products over all distances less than what is economically serviceable via rail." @default.
• W2101644993 created "2016-06-24" @default.
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• W2101644993 date "2009-01-01" @default.
• W2101644993 modified "2023-10-17" @default.
• W2101644993 title "8. The Impact of Kansas Grain Industry Structure on Corn and Wheat Bids" @default.
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