Farm Use of Futures, Options, and Marketing Contracts

Daniel Prager, Christopher Burns, Sarah Tulman and James MacDonald

No 305690, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: Farming can be a risky endeavor. Weather, pests, and disease can diminish the output from a field or herd. Changes in prices can reduce revenues or increase costs. Farmers may manage the risks from market price fluctuations by using agricultural derivatives, such as futures and options contracts, and committing some production to marketing contracts. This study uses data from the 2016 Agricultural Resource Management Survey to describe the use of futures, options, and marketing contracts by producers, with a primary focus on corn and soybeans.

Keywords: Agribusiness; Marketing (search for similar items in EconPapers)
Pages: 39
Date: 2020-10
New Economics Papers: this item is included in nep-agr and nep-cta
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:305690

DOI: 10.22004/ag.econ.305690

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