Corn and Soybean Marketing Contract Adoption and Site-Specificity

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Elliott, Matthew S.; Elliott, Lisa M.; Lin, Yan; (2015)
  • Subject: transaction costs, contracts, soybeans, corn, integration, site-specificity, Agribusiness, Industrial Organization, Institutional and Behavioral Economics, Marketing, Risk and Uncertainty,
    mesheuropmc: health care economics and organizations

Adoption of marketing contracts represents a subtle evolution from spot markets to more formal coordination using classical bilateral contracts. The increase use of marketing contracts for corn and soybeans has been observed within the context of a changing landscape to... View more
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