Grain Receipts as Collateral for Agribusiness' Financing

Author:   GARCIA IVAN
Publisher:   VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG
ISBN:  

9783639122732


Pages:   92
Publication Date:   17 April 2009
Format:   Paperback
Availability:   In Print   Availability explained
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Grain Receipts as Collateral for Agribusiness' Financing


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Overview

Jalisco's corn producers from the Cienega province are locked in a cycle of low profitability. The corn producers have been affected by the lack of access to adequate financial intermediaries such as banks. The cycle of low profitability contributes towards a low quality of life and a lack of competitiveness. Hence, farmers have not been able to adjust to the fierce competition from the US producers. A lack of trustworthy collateral is a major problem in order to get access to credits. The grain receipts system (GRS) provides a method of collateralizing crops for access to credits. With the GRS the risk is not intended to be eliminated; instead it is a mechanism where the risk is shared between the corn producers, elevators and banks which are the subject of analysis in this study using the agency theory.

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Author:   GARCIA IVAN
Publisher:   VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG
Imprint:   VDM Verlag Dr. Muller Aktiengesellschaft & Co. KG
Dimensions:   Width: 15.20cm , Height: 0.50cm , Length: 22.90cm
Weight:   0.148kg
ISBN:  

9783639122732


ISBN 10:   3639122739
Pages:   92
Publication Date:   17 April 2009
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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