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Terminal market

From Wikipedia, the free encyclopedia

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.[1] One of the models of a Terminal Market is a Hub-and-Spoke model wherein the Terminal Market is the hub which is to be linked to a number of collection centers - the spokes.[2]

The term is also used for markets in other commodities such as metals and bullion.[3]

List of terminal markets (fresh produce)

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California

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Los Angeles

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Florida

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Georgia

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Illinois

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Chicago

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Indiana

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Louisiana

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Maryland

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Baltimore

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Massachusetts

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Michigan

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Missouri

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Montana

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New York (state)

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New York City

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Ohio

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Oregon

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Portland

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Pennsylvania

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Rhode island

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South Carolina

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Tennessee

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Texas

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Virginia

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  • City Market – Petersburg, VA. Built in 1878–79 and listed on the National Register of Historic Places

Washington (state)

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Washington, D.C.

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Wisconsin

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References

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  1. Public Domain This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.
  2. "Operational Guidelines for Setting Up of Terminal Market Complex" (PDF). Ministry of Agriculture, Government of India. July 2009.
  3. "HMRC Notice 701/9 Derivatives and terminal markets". March 2002.
  4. "Alemany Farmers' Market - Real Estate Division". Retrieved 25 December 2016.