2024-03-28T14:33:31+01:00 https://library.wur.nl/oai
oai:library.wur.nl:wurpubs/426512 2024-03-11
urn:nbn:nl:ui:32-426512 2024-03-11 urn:nbn:nl:ui:32-426512/mods Crop Production Contracts and Marketing Strategies: What Drives Their Use? Franken J.R.V. aut Pennings J.M.E. 10391790X 0000000352887275 aut Garcia P. aut text info:eu-repo/semantics/article 2012 10.1002/agr.21293 84863783614 000306183700006 en Numerous crop marketing and risk management tools are available. Research relating producers’ risk attitudes to their use of these tools has produced mixed results, and most studies focus on individual tools, neglecting potential complementarities in information they provide. Little is known about the proportion in which individual tools are used, e.g., the percentage of the crop that is forward sold as opposed to hedged. This study identifies factors, including risk attitude, that impact the proportion of corn and soybean producers’ sales through spot markets, futures, and options, as well as forward and production contracts, and investigates contract complementarity and substitutability using survey and accounting data, and causal modeling. WASS Marketing and Consumer Behaviour attitudes aversion behavior econometric estimation risk preferences WASS Marktkunde en Consumentengedrag Agribusiness 28 3 324 340 07424477 urn:nbn:nl:ui:32-426512/obj 2024-03-11 http://purl.org/eprint/accessRights/RestrictedAccess