Financing capacities of independent versus contract hog production

Peter Barry, Bruce Roberts, Michael Boehlje and Timothy Baker

American Bankers Association, 1997, vol. 10, issue 4

Abstract: Rapid changes in US hog production reflect the growing use of production contracts, alliances, vertical integration, and other coordination mechanisms among input suppliers, lenders, farmers, and processors. Size economies, risk reduction, and financing considerations are some of the major causal factors. Surveys by James Rhodes and others indicate that financial constraints and market risks have been major reasons for producers to enter into hog production contracts.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1997
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