A terminal market is a central site, often in a metropolitan area, that serves as an assembly and trading place for commodities. Terminal markets for agricultural commodities are usually at or near major transportation hubs. One of the models of Terminal Market is Hub-and-Spoke model wherein Terminal Market is the hub which is to be linked to number of collection centres -the spokes.(reference: www.agricoop.nic.in/rabi06/JS(MKTG).ppt)
List of terminal markets (fresh produce)
- Hunt's Point Market (Bronx, NY)
- New England Produce Center (Chelsea, MA)
- Providence Terminal Produce Market (Providence, RI)
- This article incorporates public domain material from the Congressional Research Service document "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" by Jasper Womach.
- "HMRC Notice 701/9 (March 2002) Derivatives and terminal markets". March 2002.
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