Duration in Production Contracts

dc.creatorMacDonald, James M.
dc.creatorKorb, Penelope J.
dc.date2017-04-01T19:53:13Z
dc.date.accessioned2026-07-09T03:34:14Z
dc.descriptionWe use 2003 and 2004 ARMS data to analyze variations in contract duration among growers of broilers who hold production contracts. Most contracts cover just a single flock, but many extend for 1-2 years, and a significant minority of broiler contracts specify lengths of 5, 10, and even 15 years. We find that grower debt and production volume are inversely related to the choice of a short term (a year or less) contract, while lengthy prior experience with the contractor promotes short term contracts. Some contract terms appear to act as substitutes or complements to duration.
dc.identifierdoi:10.22004/ag.econ.21112
dc.identifierhttps://ageconsearch.umn.edu/record/21112/files/sp06ma02.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/21112
dc.identifier.urihttp://hdl.handle.net/123456789/535400
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/21112
dc.titleDuration in Production Contracts
dc.typeText

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