dc.contributor.author |
Geyser, Mariette
|
|
dc.contributor.author |
Cutts, Michela
|
|
dc.date.accessioned |
2008-05-13T10:56:57Z |
|
dc.date.available |
2008-05-13T10:56:57Z |
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dc.date.issued |
2007-09 |
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dc.description.abstract |
This study examines the nature of the relationship between cane growers and millers
and how it affects cane growers’ perceptions of the value added in the sugar supply
chain. Drawing from relational exchange theory, the study utilised the perceptions of
124 smallholder cane growers in the Swaziland sugar industry. Factors measured in
terms of a likert type scale were used to measure each relational construct within the
miller-grower contract relationship. This unpacks the trust relationship between large
agribusiness companies and smallholder out growers, and shows that relationships
characterised by social factors like trust, commitment, and cooperation enhance
mutual benefit and quality relationships between parties. This study found that
farmers perceive an element of opportunistic behaviour and a lack of cooperation by
millers and therefore have limited trust in the millers. Consequently it was also found
that satisfaction by cane growers on their relationship with millers has a positive
relationship with their level of trust, level of commitment, relative dependence,
perception of opportunistic behaviour by millers and perceived cooperation between
themselves and the millers. The results point to a number of aspects both growers and
millers need to attend to which could contribute to improved relationship and in turn
efficiency and returns in the sugar industry in Swaziland. |
en |
dc.format.extent |
262029 bytes |
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dc.format.mimetype |
application/pdf |
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dc.identifier.citation |
Geyser, M & Cutts, M 2007, 'SAFEX maize price volatility scrutinised', Agrekon, vol. 46, no. 3, pp. 291-305. [http://www.aeasa.org.za] |
en |
dc.identifier.issn |
030-1853 |
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dc.identifier.uri |
http://hdl.handle.net/2263/5260 |
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dc.language.iso |
en |
en |
dc.publisher |
Africultural Economics Association of South Africa |
en |
dc.rights |
Agricultural Economics Association of South Africa |
en |
dc.subject |
Derivative |
en |
dc.subject |
Price volatility |
en |
dc.subject |
Call option |
en |
dc.subject |
SAFEX |
en |
dc.subject |
Food risk |
en |
dc.subject |
CBOT |
en |
dc.subject.lcsh |
Sugar Trade -- Swaziland |
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dc.subject.lcsh |
Agricultural industries |
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dc.title |
SAFEX maize price volatility scrutinsed |
en |
dc.type |
Article |
en |