Abstract

GUADALUPE-ELIGIO, Filiberto  and  ECHANOVE-HUACUJA, Flavia. Financing mechanisms: case producers of barley and wheat in Valle de Santiago, Guanajuato. Rev. Mex. Cienc. Agríc [online]. 2016, vol.7, n.6, pp.1359-1374. ISSN 2007-0934.

The aim of the research was to analyze the financial mechanisms used by first level organizations in the value chain of barley and wheat in Valle de Santiago, Guanajuato during the production cycle autumn-winter 2013- 2014. A national survey of competitiveness, financing sources and uses of financial services to 12 producing organizations was applied. It was noted that the funding source lies primarily with input suppliers (70%) and also, with grain marketing companies. These by counting with required infrastructure to make contract farming and to provide or guarantee a price to the farmer, conditioning it to buy other inputs. It is necessary a long-term credit reorientation, granting preferential discounts to these financings because organizations did not have these credits (83%) due to lack of collateral and as a result did not count with required infrastructure to carry out a contract farming. ASERCA should encourage and speed up contract farming to access financing with development banks or agribusiness that take as guarantee future harvest from farmers. Also, given the current funding policies it is necessary to encourage the creation of financial intermediaries to increase the financial offer, thus the implementation of joint projects between financial intermediaries and self-insurance funds where credit and agricultural insurance are covered.

Keywords : Hordeum vulgare L.; Triticum spp.; contract farming.