1.
Defining economic characteristics of the durum wheat milling and pasta production industry:
According to the case, durum wheat quality criteria continually evolve in response to market pressure and consumer preference. Increasing demand for specific durum wheat quality attributes for different end products requires development of more rapid objective means to grade and classify wheat parcels on the basis of processing potential.
Durum wheat prices rose because of increased demand for pasta. In addition, the increase in milling capacity in the late 1990's had helped increase demand for durum wheat, which increased durum prices.
Industry's standout features:
ability to meet customer specifications with consistent quality
2.
Value added in the durum wheat milling and pasta production industry:
Value-added processing allows farmers to retain most of the profits that are captured by processors who buy raw goods from independent farmers, prepare them according......
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Approximate Word Count: 947
Approximate Pages: 4 (260 words per double-spaced page) |