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Un prix est juste lorsqu'il y a un niveau suffisant de concurrence

Author

Listed:
  • Jean Cordier

    (SMART-LERECO - Structures et Marché Agricoles, Ressources et Territoires - INRA - Institut National de la Recherche Agronomique - AGROCAMPUS OUEST)

  • Francois Berger

    (Independent)

Abstract

The concentration of hog slaughter-houses in Brittany could jeopardize the quality of the spot price elicited in the MPB auction market. In addition, the recurring request of futures hog prices in order to manage the producer margin on feed costs could be filled by the launching of a dedicated futures market, but this market requires development conditions incompatible with the European industrial structures. The answer to the need for risk management could be found in the development of financial contracts that benefit from the positive symmetry needs of hog producers and processors.

Suggested Citation

  • Jean Cordier & Francois Berger, 2011. "Un prix est juste lorsqu'il y a un niveau suffisant de concurrence," Post-Print hal-02646526, HAL.
    • Handle: RePEc:hal:journl:hal-02646526
    as

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