Japan is one of the largest importers of wheat, with imports originating from three countries, Australia,
Canada, and the United States. Australia, Canada and Japan all use a government single-desk agency to control wheat
trade. Many previous studies on competition in the world grain trade have argued the market is imperfectly competitive,
and they often point to the Japanese market. We study the Japanese wheat import market for this reason, but find no
compelling evidence of imperfect competition on the exporters’ side.
Carter, C.A., D. McLaren and A. Yilmaz. How Competitive is the World Wheat Market?. In: Microbehavior and Macroresults:Proceedings of the Tenth Biennial Conference of the International Institute ofFisheries Economics and Trade, July 10-14, 2000, Corvallis, Oregon, USA.Compiled by Richard S. Johnston and Ann L. Shriver. InternationalInstitute of Fisheries Economics and Trade (IIFET), Corvallis, 2001.