ABSTRACT
Producer market price analysis for the 1994/95 crop year was conducted with the Daily Price Estimation System (DPES) at Texas Tech University for both the West Texas and East Texas/Oklahoma marketing regions. The estimation included a modification to the model of previous years. Results indicate that quality premiums and discounts for the leaf grade were more stable this year compared to the 1993 crop. However, premiums and discounts for the color grade and discounts for micronaire were less stable this crop year. The year was marked by steady increases in prices, due in part to shor t world supply.
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