ERIC Number: ED294026
Record Type: RIE
Publication Date: 1988-Mar
Reference Count: N/A
Agricultural Marketing. Farmers' Marketing Practices and Programs To Teach Alternative Practices. Briefing Report to Congressional Committees.
General Accounting Office, Washington, DC.
This report describes a General Accounting Office study of farmers' marketing practices. The report specifically discusses farmers' use of the three advanced marketing techniques--cash forward contracting, hedging in the futures market, and trading in agricultural options--as disclosed in nine studies of farmers' marketing practices made from 1976 through 1986; and educational programs in advanced marketing techniques provided by land-grant universities, commodity exchanges, and producer organizations primarily during the 12 months ending April 30, 1987. Some of the conclusions presented by the review are the following: (1) producers can use advanced marketing techniques to ensure a certain price for their commodities at a future date, if the producer can accept risk; (2) advanced marketing techniques may not be appropriate for all producers or for all commodities in all parts of the country; (3) few studies have been made of the degree to which advanced marketing techniques have been used; (4) about 25,000 persons attended advanced marketing education programs in the year ending April 30, 1987; and (5) other training methods in advanced marketing techniques are being offered. (KC)
Descriptors: Agricultural Education, Agricultural Production, Agriculture, Continuing Education, Farm Accounts, Farm Management, Financial Problems, Marketing, Postsecondary Education, Program Development
U.S. General Accounting Office, P.O. Box 6015, Gaithersburg, MD 20877 (first five copies: free; additional copies: $2.00 each; 100 or more: 25% discount).
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: General Accounting Office, Washington, DC.