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An Evaluation of Market Order Grade Changes Using Covariance Analysis

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  • Nichols, John P.

Abstract

Market orders authorized under both State and Federal legislation have long been employed to regulate the marketing of many agricultural products, especially fruits and vegetables. While their purposes vary and controls provided for differ, one provision that is common to a large number of orders allows the establishment of minimum standards of grade, maturity, or other characteristics of quality in the marketing of an agricultural commodity. These standards are usually set by the marketing order committee composed of producer and shipper members of the industry, subject to the approval of the Secretary of Agriculture.

Suggested Citation

  • Nichols, John P., 1972. "An Evaluation of Market Order Grade Changes Using Covariance Analysis," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 4(1), pages 107-111, July.
    • Handle: RePEc:cup:jagaec:v:4:y:1972:i:01:p:107-111_01
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