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Formula Market Contracts In The Swine Industry

Author

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  • Buhr, Brian L.
  • Smith, Rodney B.W.

Abstract

One aspect of increasing market channel coordination in the swine industry is the offering of long-term market contracts by pork processors to swine producers. This paper seeks to examine the existing contracts and develop a theoretical framework for analyzing jointly optimal levels of contracting.

Suggested Citation

  • Buhr, Brian L. & Smith, Rodney B.W., 1998. "Formula Market Contracts In The Swine Industry," Conference Papers 14483, University of Minnesota, Center for International Food and Agricultural Policy.
  • Handle: RePEc:ags:umcicp:14483
    DOI: 10.22004/ag.econ.14483
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    References listed on IDEAS

    as
    1. Hayenga, Marvin L. & Rhodes, V. James & Grimes, Glenn & Lawrence, John D., 1996. "Vertical Coordination in Hog Production," Staff General Research Papers Archive 10561, Iowa State University, Department of Economics.
    2. Charles R. Knoeber & Walter N. Thurman, 1995. ""Don't Count Your Chickens...": Risk and Risk Shifting in the Broiler Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 486-496.
    3. Hurt, Christopher, 1994. "Industrialization in the Pork Industry," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 9(4), pages 1-5.
    4. Buccola, Steven T. & French, Ben C., 1977. "An E-V Analysis of Pricing Alternatives for Long-Term Marketing Contracts," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 9(2), pages 17-23, December.
    5. Boehlje, Michael, 1996. "Industrialization of Agriculture: What are the Implications?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 11(1), pages 1-4.
    6. Johnson, C. Scott & Foster, Kenneth A., 1994. "Risk Preferences And Contracting In The U.S. Hog Industry," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 26(2), pages 1-13, December.
    7. Buccola, Steven T. & French, Ben C., 1977. "An E-V Analysis Of Pricing Alternatives For Long-Term Marketing Contracts," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 9(2), pages 1-7, December.
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    Keywords

    Livestock Production/Industries;

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