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Registros recuperados: 5
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Contracting Tobacco Growing in Turkey JARTS
Koçtürk, O. M.; Cebeci, A. N..
Tobacco is a very important product in Turkish agriculture and economy. As a result of a change in the privatization policies, the support of the state in tobacco (production) is abrogated. With the introduction of the new law (No: 4733) the marketing system of tobacco has totally changed and has been replaced with the auction system and contract production. In this study the tobacco production in the year 2002 is scrutinized in order to evaluate the effect of the contract production system on tobacco production by means of a field research in Manisa. The auction system will be launched in 2003, that is why it is not included in this study. According to the research findings the majority of the producers are not satisfied with the contract production...
Tipo: Info:eu-repo/semantics/article Palavras-chave: Socio-Economics tobacco; Contracting tobacco; Marketing; Contract production; Tobacco production; Turkey.
Ano: 2005 URL: http://www.jarts.info/index.php/jarts/article/view/92
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ECONOMIC AND STRUCTURAL RELATIONSHIPS IN U.S. HOG PRODUCTION AgEcon
McBride, William D.; Key, Nigel D..
Rapid change in the size and ownership structure of U.S. hog production has created new and varied challenges for the industry. This report describes an industry becoming increasingly concentrated among fewer and larger farms, and becoming more economically efficient. These changes have not come without problems. The increasing market control and power concentrated among packers and large hog operations, and the manure management problem posed by an increasing concentration of hog manure on fewer operations, are paramount concerns. Addressing these concerns through regulations would likely impose economic costs that could be passed on to consumers. In addition, the relative mobility of the hog industry means that regulations could result in significant...
Tipo: Report Palavras-chave: Hog production; Industry structure; Structural change; Production costs; Contract production; Manure management; Livestock Production/Industries.
Ano: 2003 URL: http://purl.umn.edu/33971
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FARM POLICY IN AN INDUSTRIALIZED AGRICULTURE AgEcon
Boehlje, Michael; Doering, Otto C., III.
The structural changes that will impact agriculture over the next decade will be profound. The economic benefits of the dual dimensions of industrialization of agriculture-implementation of a manufacturing approach to the food and industrial product production and distribution chain, and negotiated coordination among the stages in that chain are expected to result in a much more industrialized agricultural sector. The implications of this industrialization process for agricultural markets and market policy, and agricultural policy in general, are critical. The focal point of this discussion is the set of public policy options that might be considered to shape the future structure of the agricultural sector.
Tipo: Journal Article Palavras-chave: Concentration; Contract production; Industrialization; Policy; Vertical alignment; Agricultural and Food Policy; Industrial Organization.
Ano: 2000 URL: http://purl.umn.edu/14708
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LEDGER PROVISION IN HOG MARKETING CONTRACTS AgEcon
Hennessy, David A.; Lien, Donald.
Some long-term marketing contracts in the North American hog sector provide for price-dependent loan agreements at low rates. We show that these provisions linking pricing with financing are hybrids between forward rate agreements and commodity options. This observation presents approaches for valuing the stipulations. We suggest that the ledger arrangement is transaction-cost efficient, especially for a packer with a natural partial pass-through hedge from retail market positions.
Tipo: Working or Discussion Paper Palavras-chave: Commodity option; Contract production; Forward rate agreement; Livestock Production/Industries; Marketing.
Ano: 2003 URL: http://purl.umn.edu/18337
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RISK PREFERENCES AND CONTRACTING IN THE U.S. HOG INDUSTRY AgEcon
Johnson, C. Scott; Foster, Kenneth A..
Much of the increase use of vertical coordination in the U.S. swine industry has taken place through contract production. While the incidence of contracting is much higher in nontraditional hog production areas, a growing number of Midwestern producers are being faced with contract options. A variety of contractual arrangements are available through feed companies, integrators, genetics firms, and packers. However, little is known about the profitability and risk characteristics of these alternatives. This research suggests that risk neutral producers in the Midwest would prefer independent production, and risk averse producers would prefer to choose among the various types of coordination arrangements.
Tipo: Journal Article Palavras-chave: Stochastic dominance; Risk; Contract production; Swine; Livestock Production/Industries.
Ano: 1994 URL: http://purl.umn.edu/15166
Registros recuperados: 5
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