The elimination of the marketing quota system that regulated the peanut market since the 1930s has been accompanied by the emergence of marketing contracts between farmers and peanut buyers (mainly peanut shellers). Two types of contracts have been observed, forward contracts for delivery at...

In this paper, we make an attempt to rationalize the strategic behavior of major peanut exporting and importing countries in the framework of imperfectly competitive markets with the focus on the global and inter-American peanut trade. This study is motivated by the fact that liberalizing...

In the paper, we make an attempt to estimate the supply of farmer stock peanuts in the Southeastern Region of the U.S. and evaluate production effects of the recent changes in farm support policies and of trade liberalization that have affected prices. The choice of estimation methodology is...