Agricultural Marketing Policy Center

Permanent URI for this communityhttps://scholarworks.montana.edu/handle/1/2942

The purpose of the Agricultural Marketing Policy Center is to provide applied research and education, including extension education on agricultural marketing and related policy issues for informed decision-making by farm and ranch managers, public decision makers in rural communities and in local and state agencies, state legislators, and congressional delegations in Montana and the Northern Plains and Rockies Region.

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    An Exploration of Market Pricing Efficiency During the Dairy Options Pilot Program
    (MSU Extension, 2004-09) Buschena, David; McNew, Kevin
    Put options have been recommended as a substitute for price support programs (Gardner, 1977; also some more recent comments?), and subsidized option purchases have received some support in lieu of subsidized insurance programs (cite?). Put options are an interesting alternative to price supports because their market-determined price levels allow for flexibility and adjustments to relevant current and expected market conditions. Options markets should also be relatively free from the bureaucratic decision processes needed for administration of commodity price supports.
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