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

Denis A. Nadolnyak, Cesar Luis Revoredo Giha () and Stanley M. Fletcher

No 35585, 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas from Southern Agricultural Economics Association

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.

Keywords: Marketing (search for similar items in EconPapers)
Date: 2005

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