Protein premium
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The wheat protein premium refers to the price differential (expressed as cents or dollars per bushel) that a high-protein wheat normally commands over wheat of the same grade specification with lower protein content. Typically, northern dark spring wheat has higher protein and brings a premium price over hard red winter wheat.
References
This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.
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