Agricultural Contracting Update: Contracts in 2003

James M. MacDonald ; Penni Korb

United States Department of Agriculture

关键词: farm structure;    production contracts;    marketing contracts;    farm size;    contracting;    vertical coordination;    market structure;    risk analysis;   

RP-ID  :  EIB-9

学科分类：农业科学（综合）

美国|英语

来源: United States Department of Agriculture Publications

【 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.