000			03316naa a22005297a 4500
003			CR-SiIICA
005			20200203204229.0
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007			ta
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020			_a92-9039-480 3
022			_a1607-1972
040			_cCR-SiIICA
041			_aspa _beng
090			_aIICA-SPCDT No.2000-05
100			_9123836 _aTelles Rauda, E.
110			_910154 _aIICA, San José (Costa Rica). Area de Políticas y Comercio
245			_aUtilización de mercado de futuro para cobertura de precios en contratos físicos
260			_aSan José (Costa Rica) _bIICA _c2000
270			_a*IICA, San José (Costa Rica)
300			_a29 p.
440			_9171084 _aSerie de Políticas y Comercio. Documentos Técnicos (IICA) _x1607-1972 _vno. 2000-05
520			_aThis document report on the experience gained, since 1991, in the marketing of coffe in El Salvador and some of the other countries of Central America. It can be assumed that the marketing problems faced by both growers and the participants in the agroindustrial chain are the same as in other Latin American countries; therefore, the strategies designed to solve them are practically the same. The objective of the document is to disseminate the experience gained over a period 10 years in the marketing of coffee in which credit, processing, storage, speculation in search of better prices, and lastly, the hedging on futures markets, have been the focus. The first part of the document offers an overview of the marketing systems, in particular, the process involved in financing production and marketing. This is followed by a description of the experience gained in dealing with the extreme volatility of coffee prices on the international market, and its impact on producers, processors and sources of financing. It concludes by presenting the actions carried out with and the services provided to the different participants in the trade commercial chain. The second part presents a model, or sequences of activities, which commodity exchanges can implemented to begin hedging prices, as a means of reducing the risks posed by their variation. It is believed that such variation has more of an adverse effect than anything else on producers and, in general, all those who, at some point, have stocks or depend on purchases of raw materials to produce goods they have sold in advance. Emphasis is placed on the fact that price hedging is a useful tool not only for farmers, but also, for industrialists, middlemen, operators of storage facilites, credit agents and exporters. Hence, commodity exchanges and commodity brokers should promote its use
650			_9156560 _aOPERACIONES A PLAZO
650			_9163086 _aRIESGO
650			_9138817 _aCAFE
650			_9152368 _aJUNTAS DE COMERCIALIZACION
650			_iFUTURES TRADING
650			_iRISK
650			_iCOFFEE
650			_iMARKETING BOARDS
650			_fMARCHE A TERME
650			_fRISQUE
650			_fCAFE
650			_fOFFICE DE COMMERCIALISATION
690			_9138148 _aBOLSAS
901			_aE10 _b27305
904			_aIICA
905			_aC
906			_a20000101
907			_a*IICA, San José (Costa Rica)
908			_aB
909			_aMS
912			_aeng
942			_cSER
942			_cIMP
999			_c21270 _d21270