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Producer perceptions and attitudes toward hog marketing contracts

Author

Listed:
  • Chris Boessen

    (Department of Agricultural Economics, University of Missouri, Columbia, MO 65211)

  • Joe Parcell

    (Department of Agricultural Economics, University of Missouri, Columbia, MO 65211)

  • Jason Franken

    (Department of Agricultural Economics, University of Missouri, Columbia, MO 65211)

  • John Lawrence

    (Department of Economics, Iowa State University, Ames, IO 50011)

  • Ron Plain

    (Department of Agricultural Economics, University of Missouri, Columbia, MO 65211)

  • Glenn Grimes

    (Department of Agricultural Economics, University of Missouri, Columbia, MO 65211)

Abstract

The objective of this research is to use survey respondent perceptions and demographic data to assess factors affecting producer's attitudes towards hog marketing contracts. Six statements related to marketing contracts were presented to subjects to measure their attitudes toward the dominant method used by packers to procure hogs. The results suggest that the profitability of the producer, marketing method employed by the producer and the number of packers to whom the producer sold hogs significantly influences attitudes towards marketing contracts. These results suggest that low-cost producers who market hogs via individual or group marketing contracts are more positive, or in some cases less negative, in their attitudes towards marketing contracts. Although prior nonparametric analyses provide some insight into factors influencing producers' views of marketing contracts, this analyses allows inference of statistical significance. [EconLit citations: D400, L100]. © 2010 Wiley Periodicals, Inc.

Suggested Citation

  • Chris Boessen & Joe Parcell & Jason Franken & John Lawrence & Ron Plain & Glenn Grimes, 2010. "Producer perceptions and attitudes toward hog marketing contracts," Agribusiness, John Wiley & Sons, Ltd., vol. 26(3), pages 405-424.
    • Handle: RePEc:wly:agribz:v:26:y:2010:i:3:p:405-424
    DOI: 10.1002/agr.20229
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    References listed on IDEAS

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    4. Schroeder, Ted C. & Ward, Clement E. & Mintert, James & Peel, Derrell S., 1998. "Beef Industry Price Discovery: A Look Ahead," Staff Papers 232524, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.
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    1. Jason R.V. Franken & Joost M.E. Pennings & Philip Garcia, 2017. "Risk attitudes and the structure of decision†making: evidence from the Illinois hog industry," Agricultural Economics, International Association of Agricultural Economists, vol. 48(1), pages 41-50, January.
    2. Granoszewski, Karol & Spiller, Achim, 2013. "Langfristige Rohstoffsicherung in der Supply Chain Biogas: Status Quo und Potenziale vertraglicher Zusammenarbeit," DARE Discussion Papers 1303, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    3. Felicetta Carillo & Francesco Caracciolo & Luigi Cembalo, 2017. "Do durum wheat producers benefit of vertical coordination?," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 5(1), pages 1-13, December.
    4. Granoszewski, K. & Spiller, A., 2014. "Vertragliche Zusammenarbeit bei der energetischen Biomasselieferung: Einstellungen und Bindungsbereitschaften von deutschen Landwirten," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 49, March.

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