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Agricultural Contracting Update: Contracts in 2003
- 英文名称:
- Agricultural Contracting Update: Contracts in 2003
- 作者:
- James M. MacDonald; Penni Korb
- 工作单位:
- USDA's Economic Research Service
- 关键词:
- farm structure; production contracts; marketing contracts; farm size; contracting; vertical coordination; market structure; risk analysis;
- 年份:
- 2006
- 出版地:
- Washington, DC, USA
- 总页数:
- 26 pp
- 语种:
- English
- 摘要:
- Marketing and production contracts covered 39 percent of the value of U.S. agricultural production in 2003, up from 36 percent in 2001 and a substantial increase over estimated values of 28 percent for 1991 and 11 percent in 1969. Large farms are far more likely to contract than small farms; in fact, contracts cover over half of the value of production from farms with at least $1 million in sales. Although use of both production and marketing contracts has grown over time, growth is more rapid for production contracts, which are largely used for livestock.
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