Contract Use and Contract Terms in Organic Markets

Jason R.V. Franken, Michael Sykuta and Peter G. E.Klein

Journal of Agribusiness, 2012, vol. 30, issue 01

Abstract: This paper investigates the use of procurement methods and contracting terms in markets for organic products, where contracting is more prevalent than in the conventional commodity sector. Findings largely support transaction cost arguments for chosen procurement methods and contracting terms. Further, contracting is decreasing in general, while the use of longer-duration contracts and cost-plus pricing is increasing, which may reflect learning, development of relationships, and reputation.

Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/260187/files/C ... rganic%20Markets.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:jloagb:260187

DOI: 10.22004/ag.econ.260187

Access Statistics for this article

More articles in Journal of Agribusiness from Agricultural Economics Association of Georgia Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().