2010•AgEcon Search (University of Minnesota, USA)Open access
Futures Market in Indian Agriculture and Its Impact on Production and Prices-Summary
Elumalai, K., Elumalai, K.
Open full text 4 citations
Abstract
Futures trading has potential role in minimising the price risk faced by the farmers.It provides efficient and transparent price mechanism that may help the farmers to take decisions on production, processing and storage activities.Besides risk transfer, futures market provides the important economic function of price discovery.In India, futures trading is at nascent stage and a well developed futures market will play significant role in promoting technology and investment in agriculture.Five full length papers and thirteen abstracts published in this subject of Conference volume were taken up for discussion in this session.The discussion focused on the five broader issues related to futures trading in Indian agriculture.These issues include impact of futures trading on spot price volatility, production and storage, farmers' participation in future trading, impact on farmers' income and regulatory framework.The major points which emerged on each of these issues are:
Open-access reader