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Crop Contracts versus Spot Markets under the Marketing Assistance Loan Program: The Case of Peanuts

Author

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  • Nadolnyak, Denis A.
  • Revoredo-Giha, Cesar
  • Fletcher, Stanley M.

Abstract

We analyze two types of crop marketing contracts between agricultural producers and processors, delivery-at-harvest and an "option-to-purchase" that emerged in US peanut market after the 2002 Farm Act. This contract structure is interpreted as a marketing strategy trying to fill the gap left by the former quota system.

Suggested Citation

  • Nadolnyak, Denis A. & Revoredo-Giha, Cesar & Fletcher, Stanley M., 2005. "Crop Contracts versus Spot Markets under the Marketing Assistance Loan Program: The Case of Peanuts," 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas 35585, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeafl:35585
    DOI: 10.22004/ag.econ.35585
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    Keywords

    Marketing;

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