Market structure and supply chain strategies in the global agricultural commodity industry: a comparison between EU and USA Online publication date: Mon, 26-Oct-2020
by Luca Camanzi; Marzia Polino; Marta Verza
J. for Global Business Advancement (JGBA), Vol. 13, No. 2, 2020
Abstract: Agriculture is peculiar among other industries because supply risk, either through weather or perishability, challenges vertical coordination between independent farmer suppliers and commodity buyers. Moreover, production of agricultural commodities is strictly focused in some regions while there are others who rely mainly on commodities imports. The objective of this study is to provide a comprehensive understanding of the commodity market structure and how its features impact the supply chain organisation and companies' strategies. Specifically, the main sources of risks relative to wheat, corn and soybean commodities markets are investigated and related to international trade and supply chain relationships. Furthermore, attention is given to strategies and capabilities that companies working in this market implement to hedge their risks. The evidence provided is based on the case studies of two intermediaries operating in the cereal supply chain, based in USA and Europe.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the J. for Global Business Advancement (JGBA):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook