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Abstract

As a result of some important changes in the international wheat market, market shares of leading exporters have recently altered. The Black Sea region countries – Kazakhstan, Russia and Ukraine have become important wheat exporters. Consequently, the pricing behavior of these countries has become a key issue. By applying the pricing-to-market model to annual wheat exports, this study analyses price discriminating behavior of the KRU exporters in foreign markets during 1996-2012. The results demonstrate that even though the KRU countries are able to exercise price discrimination in some importing countries, they usually face perfect competition in most destinations.

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