Document Type

Article

Journal/Book Title/Conference

Economic Research Institute Study paper

Publisher

Utah State University

Publication Date

11-1-1989

Rights

Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at digitalcommons@usu.edu.

First Page

1

Last Page

24

Abstract

The future competitiveness of U.S. wheat producers who have exported more than half their crop in recent years was analyzed. Trends in production and trade, and enterprise accounts and budgeting were used to assess the comparative costs of various competing U.S. and foreign producers. The future success of U.S. wheat producers is dependent on their own efficiency, government agricultural programs, weather, and many factors pertaining to general government policies. Relative currency values, success of development programs in foreign countries and administered pricing programs throughout the world are important concerns.. In spite of all the exogenous factors, it is believed that the quality of the basic production resources and the managerial abilities of producers will, in the longer term, determine the ability to compete. Careful enterprise accounting and quality management decisions will be decisive in determining wheat producers' welfare.

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