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Provedor de dados:  AgEcon
País:  United States
Título:  Agricultural Contracts and Alternative Marketing Options: A Matching Analysis
Autores:  Katchova, Ani L.
Data:  2010-05-01
Ano:  2010
Palavras-chave:  Agricultural prices
Alternative marketing options
Local competition
Marketing contracts
Production contracts
Propensity score matching
Agribusiness
Agricultural and Food Policy
Community/Rural/Urban Development
Consumer/Household Economics
Demand and Price Analysis
Financial Economics
Marketing
Q13
Resumo:  The increasing use of agricultural contracts and processor concentration raises concerns that processors may offer lower contract prices in absence of local competition. This study examines the price competitiveness of marketing and production contracts depending on the availability of alternative marketing options. A propensity score matching method is used to compare prices using contract data from a farm-level national survey. The results show that the absence of other contractors or spot markets in producers’ areas does not lead to statistically significant price differences in agricultural contracts for most commodities, providing evidence that most agricultural processors do not exercise market power by reducing prices when other local buyers are not available.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  http://purl.umn.edu/90672
Relação:  Journal of Agricultural and Applied Economics>Volume 42, Number 02, May 2010
Formato:  16
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