Vertical Coordination Via Contract Farming PDF Download

Excerpt from Vertical Coordination Via Contract Farming The middle or on-farm production phase, which is the center of attention in contract farming, was also the center of attention in the analysis. The farm production phase may be coordinated via contract backward with acquisition of inputs or forward with selling of products, or in both directions.3 Whether farm decision making under contract pro duction tends to shift toward the supplier of inputs, or the buyer of outputs, or re mains with the farmer, depends on circum stances. In the early development of con tracting in the broiler industry, for example, the supplier of inputs usually was the key decision maker. But as contracting expanded into other phases of the whole production process, decision making was shifted toward the processor or marketer of broilers. The farm firm, as a separate production unit, buys or otherwise gains control over inputs, creates new products with them, and sells the resulting output. In contract farming, the farm firm is concerned chiefly with what takes place on the farm in the overall production process, and the con tracting off-farm firm is concerned chiefly with supplying inputs to or accepting out puts from the farm firm or both. In this report, the word Contractor is used to indicate the off-farm firm and the word Farmer is used to indicate the farm firm. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.