Negotiating Agricultural Contracts: A Waxy Corn Example*

Negotiating Agricultural Contracts: A Waxy Corn Example*

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Article ID: iaor201524559
Volume: 26
Issue: 2
Start Page Number: 280
End Page Number: 286
Publication Date: Jun 2004
Journal: Review of Agricultural Economics
Authors:
Keywords: contracting
Abstract:

Contracts are an increasingly prevalent tool for coordinating food systems; yet many decision makers may have little experience in setting or negotiating contract terms. This article outlines a contract negotiation exercise for an adult extension audience, and places participants in the role of contract writer or signer. Participants are asked to analyze a waxy corn contract and negotiate its provisions. The article summarizes relevant teaching points pertaining to agricultural contracts and presents materials for a specific example.

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