FORWARD CONTRACTING OF INPUTS: A FARM-LEVEL ANALYSIS

Forward contracting of inputs in production agriculture is becoming increasingly important as more farmers attempt to manage risk. Using a logit model and farm-level data, this analysis estimates the effect of factors on the probability of a producer using forward input contracting. Results suggest that use of contracting in selling of crops and livestock, technology, farm size, geographic location, participation in government commodity programs, and use of extension services are important factors affecting the choice to forward contract inputs.


Subject(s):
Issue Date:
1999
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/14729
Published in:
Journal of Agribusiness, Volume 17, Number 2
Page range:
77-91
Total Pages:
15




 Record created 2017-04-01, last modified 2017-08-23

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