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Possibilities for Futures Trading in Florida Citrus Fruit and Products

Author

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  • Wesson, William T.

Abstract

Excerpts from the report Introduction: The primary objectives of this study are to determine the possibilities for the development of organized futures trading in Florida citrus fruit or citrus products, and to indicate the impact that such trading might have on producers, processors, and others handling citrus products. Industry representatives have been primarily concerned with the feasibility of futures trading in frozen orange concentrate. They also have expressed interest, but to a more limited extent, in futures trading for fresh oranges. Accordingly, this study considers the possibilities for organized futures trading in both of the commodities, but with primary emphasis on frozen orange concentrate. In conducting this study, information was obtained directly from citrus processing firms and related marketing and business organizations, and from reports on other studies concerning: (1) The methods of buying and selling citrus at the various levels of trade, (2) the type and nature of firms in the industry, (3) the sources and arrangements for obtaining working capital, and (4) the technical and economic problems involved in establishing workable futures contracts.

Suggested Citation

  • Wesson, William T., 1957. "Possibilities for Futures Trading in Florida Citrus Fruit and Products," Marketing Research Reports 310452, United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program.
    • Handle: RePEc:ags:uamsmr:310452
    DOI: 10.22004/ag.econ.310452
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