Economic Impacts of Increasing the Minimum Size for Idaho Fresh Potatoes

2012 
The Idaho Potato Commission funded a project to help answer the question: What would be the economic impact if the potato industry increased the minimum size for fresh potatoes? We estimate that increasing the minimum size from 4 to 5 ounces would divert about 5 million hundredweight (cwt) to dehydrators. Idaho fresh potato revenue would increase $73 million. Idaho dehydrated potato revenue would increase $18 million. The total impact would be increased revenue of $91 million. A sensitivity analysis showed that revenue increases are larger when more potatoes are diverted.
    • Correction
    • Source
    • Cite
    • Save
    • Machine Reading By IdeaReader
    14
    References
    2
    Citations
    NaN
    KQI
    []