International Research Journal of Agricultural Economics and Statistics

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Contract Farming in Marigold: a New Technology in Improving the Efficiency of Marketing


Affiliations
1 Department of Agricultural Economics, Tamil Nadu Agricultural University, COIMBATORE (T.N.), India
2 Department of Agricultural Economics, Tamil Nadu Agricultural University, COIMBATORE (T.N.), India
     

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The present study was conducted to assess economics of marigold cultivation under contract farming vis-a-vis non-contract farming in erode district of Tamil Nadu and to examine the yield and price uncertainty, contractual arrangements in marigold cultivation. There were no price uncertainties in contract farming whereas there were very high price uncertainties in the case of noncontract farming. Farmers were satisfied with terms of contract. The major benefits to the contract farmers were assured buyer for the produce, all the produce can be sold even in case of damage and the farm gate collection. Important reason given by the former contract farmers for discontinuing cultivation of marigold on contract was low price for the produce.

Keywords

Contract Farming, Marigold, Efficiency of Marketing.
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  • Dileep, B.K., Grover, R. K. and Rai, K. N. (2002). Contract farming in tomato: An economic analysis.Indian J.agric. Econ., 57(2):197-210.

  • Fulton, L., Amabel, A. and Clark, R.J. (1996). Farmer decision making under contract farming in Northern Tasmania, in D.Burch, R.E.Richson and G.Lawerence, Globalization and Agri-Food Restructuring-Perspectives from the Australian Region, Avebury, Brookfield, U.S.A, 219-237.

  • Mamilla, Rajasekhar (2005). Contract farming in India-A latent marketing opportunity.Southern Economist, 19-20.


Abstract Views: 314

PDF Views: 1




  • Contract Farming in Marigold: a New Technology in Improving the Efficiency of Marketing

Abstract Views: 314  |  PDF Views: 1

Authors

A. Anbarassan
Department of Agricultural Economics, Tamil Nadu Agricultural University, COIMBATORE (T.N.), India
M. Chandrasekaran
Department of Agricultural Economics, Tamil Nadu Agricultural University, COIMBATORE (T.N.), India
M. S. Raman
Department of Agricultural Economics, Tamil Nadu Agricultural University, COIMBATORE (T.N.), India
V. Karthick
Department of Agricultural Economics, Tamil Nadu Agricultural University, COIMBATORE (T.N.), India

Abstract


The present study was conducted to assess economics of marigold cultivation under contract farming vis-a-vis non-contract farming in erode district of Tamil Nadu and to examine the yield and price uncertainty, contractual arrangements in marigold cultivation. There were no price uncertainties in contract farming whereas there were very high price uncertainties in the case of noncontract farming. Farmers were satisfied with terms of contract. The major benefits to the contract farmers were assured buyer for the produce, all the produce can be sold even in case of damage and the farm gate collection. Important reason given by the former contract farmers for discontinuing cultivation of marigold on contract was low price for the produce.

Keywords


Contract Farming, Marigold, Efficiency of Marketing.

References