@article{Hutchinson:313601,
      recid = {313601},
      author = {Hutchinson, T. Q},
      title = {Heavy Grain Exports in Voyage-Chartered Ships:  Rates and  Volume  },
      address = {1968-01},
      number = {2393-2021-2681},
      series = {Marketing Research Report No. 812},
      pages = {46},
      year = {1968},
      abstract = {Report Introduction:  Between 1961 and 1965, the United  States exported 165 million long tons of heavy grain--corn,  wheat, and soybeans.  The average value of this trade was  about $2 billion annually, approximately half from wheat  exports alone.  The cost of shipping grain by ocean freight  has a marked influence on the competitive position of the  United States in world grain markets.  Also, differences in  rates affect the competitive positions of the various  coasts as shipping points, and the interregional  competition of the producing areas.  However, the free  market nature of ocean freight rates for bulk commodities  makes it difficult to obtain information on the general  level of rates for grain shipments, their behavior over  time, and the degree to which shipping rates from one coast  affect shipping rates from the other coasts.  The U.S.  Department of Agriculture conducted this study to provide  such information.  In it, the causes of rate fluctuations  were explored and a general theory of rate behavior was  developed.},
      url = {http://ageconsearch.umn.edu/record/313601},
      doi = {https://doi.org/10.22004/ag.econ.313601},
}