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ERIC Number: ED294026
Record Type: RIE
Publication Date: 1988-Mar
Pages: 51
Abstractor: N/A
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)
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
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: General Accounting Office, Washington, DC.