Marketing contract

Marketing contract

In United States agricultural policy, under a marketing contract, prices (or pricing mechanisms) are established for a commodity before harvest or before the commodity is ready for marketing. Most management decisions remain with the grower, who retains ownership of both production inputs and output until delivery. The farmer assumes the risks of production but shares price risks with the contractor.

Marketing contracts are commonly used for crops and not livestock. According to the USDA, about 40% of the value of all fruits and vegetables produced in 1997 were under marketing contracts. Marketing contract shares for selected other commodities were:

  • sugar beets, 82%;
  • milk, 60%;
  • cotton, 33%;
  • cattle, 10%;
  • soybeans, 9.4%;
  • corn, 8%.

See also

  • Production contract

References


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • marketing contract — The most vital instrumentality of a co operative association. Hiroshi Kaneko v Jones, 192 Or 523, 235 P2d 768. A contract between a co operative association and its members whereby the latter undertake to market their products exclusively through …   Ballentine's law dictionary

  • marketing contract — An agreement between a cooperative and its members in which the members agree to sell their products through the cooperative and the cooperative agrees to obtain their price. Hiroshi Kaneko v. Jones, 192 Or. 523, 235 P.2d 768 …   Black's law dictionary

  • marketing contract — An agreement between a cooperative and its members in which the members agree to sell their products through the cooperative and the cooperative agrees to obtain their price. Hiroshi Kaneko v. Jones, 192 Or. 523, 235 P.2d 768 …   Black's law dictionary

  • contract — An agreement between two or more persons which creates an obligation to do or not to do a particular thing. As defined in Restatement, Second, Contracts No. 3: A contract is a promise or a set of promises for the breach of which the law gives a… …   Black's law dictionary

  • contract — An agreement between two or more persons which creates an obligation to do or not to do a particular thing. As defined in Restatement, Second, Contracts No. 3: A contract is a promise or a set of promises for the breach of which the law gives a… …   Black's law dictionary

  • marketing agreement — See marketing contract …   Ballentine's law dictionary

  • Contract farming — is agricultural production carried out according to an agreement between a buyer and farmers, which establishes conditions for the production and marketing of a farm product or products.[1] Typically, the farmer agrees to provide established… …   Wikipedia

  • Marketing research — Marketing Key concepts Product marketing · Pricing …   Wikipedia

  • marketing — /mahr ki ting/, n. 1. the act of buying or selling in a market. 2. the total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling. [1555 65;… …   Universalium

  • Contract research organization — A contract research organization, also called a clinical research organization, (CRO) is a service organization that provides support to the pharmaceutical and biotechnology industries in the form of outsourced pharmaceutical research services… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”