Project ID

2005-M18

Abstract

Contracts and market agreements could help local food producers manage the risk of increasing production while guaranteeing supplies for potential purchasers.

Key Question

How can the risk associated with expanding production of produce to meet demands of bigger or new markets be managed or shared?

Findings

A risk management strategy used in commodity and large-scale produce production is marketing agreements. Establishing marketing agreements provides a guaranteed market and pricing structure that allows for more accurate pre-season financial and production planning.

Principal Investigator(s)

Jason D. Ellis

Year of Grant Completion

2007

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