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Factors Affecting Contractor And Grower Success In Hog Contracting

Author

Listed:
  • McBride, William D.
  • Key, Nigel D.

Abstract

This study analyzes a national survey of U.S. hog producers within a principal-agent framework in order to examine factors affecting contractor and grower success in hog contracting. Several factors had differential impacts on contractor and grower returns. Results suggest that there may be a role for public policy in ensuring that contract arrangements are conducted fairly.

Suggested Citation

  • McBride, William D. & Key, Nigel D., 2001. "Factors Affecting Contractor And Grower Success In Hog Contracting," 2001 Annual meeting, August 5-8, Chicago, IL 20552, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea01:20552
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    File URL: http://ageconsearch.umn.edu/record/20552/files/sp01mc02.pdf
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    References listed on IDEAS

    as
    1. David A. Hennessy & John D. Lawrence, 1999. "Contractual Relations, Control, and Quality in the Hog Sector," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 21(1), pages 52-67.
    2. V. James Rhodes, 1995. "The Industrialization of Hog Production," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 17(2), pages 107-118.
    3. Gillespie, Jeffrey M. & Eidman, Vernon R., 1998. "The Effect of Risk and Autonomy on Independent Hog Producers' Contracting Decisions," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 30(01), pages 175-188, July.
    4. Martin, Laura L., 1997. "Production Contracts, Risk Shifting, and Relative Performance Payments in the Pork Industry," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 29(02), pages 267-278, December.
    5. Key, Nigel D. & McBride, William D., 2001. "Does Contracting Raise Farm Productivity? The Impact Of Production Contracts On Hog Farm Performance," 2001 Annual meeting, August 5-8, Chicago, IL 20721, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Martin, Laura L., 1997. "Production Contracts, Risk Shifting, And Relative Performance Payments In The Pork Industry," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 0(Number 2), pages 1-12, December.
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    Cited by:

    1. Jefferson-Moore, Kenrett Y. & Bynum, Jarvetta S. & Mosley, Jannety M., 2008. "Wine Grape Production: A Promising Enterprise for Small Scale Enterprises in North Carolina?," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6838, Southern Agricultural Economics Association.

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    Keywords

    Livestock Production/Industries;

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