Table 1. Advantageous points of contract farming system

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Presentation transcript:

Table 1. Advantageous points of contract farming system Sectors Advantageous points Farmer/Seller/Producer 1. Market certainty 2. Price stability 3. Income certainty 4. Receiving input, production services, credit, new technology and skills 5. Incremental productivity Company/Buyer 1. Receiving quality products on time and meet their requirement 2. Planning the production and marketing 3. Reducing production costs from large scale production Consumer and overall economy 1. Improvements of product quality and safety for consumers 2. Export of products more and more 3. Continuous manufacture of agricultural products 4. Continuous employment in companies Kanokon Seemanon et al. Production of Japanese Rice through Contract Farming System in Wiang Pa Pao District, Chiang Rai Province, Thailand. American Journal of Rural Development, 2015, Vol. 3, No. 2, 41-51. doi:10.12691/ ajrd-3-2-4 © The Author(s) 2015. Published by Science and Education Publishing.