Terminal market explained

A terminal market is a central site, often in a metropolitan area, that serves as an assemblyand trading place for commodities. Terminal markets for agricultural commodities are usually at or near major transportation hubs. 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.[1]

The term is also used for markets in other commodities such as metals and bullion.[2]

List of terminal markets (fresh produce)

California

Los Angeles

Florida

Georgia

Illinois

Chicago

Indiana

Louisiana

Maryland

Baltimore

Massachusetts

Michigan

Missouri

Montana

New York (state)

New York City

Ohio

Oregon

Portland

Pennsylvania

Rhode island

South Carolina

Tennessee

Texas

Virginia

Washington (state)

Washington, D.C.

Wisconsin

Notes and References

  1. Web site: Operational Guidelines for Setting Up of Terminal Market Complex . pdf . July 2009 . Ministry of Agriculture, Government of India .
  2. Web site: HMRC Notice 701/9 Derivatives and terminal markets . March 2002.
  3. Web site: Alemany Farmers' Market - Real Estate Division. 25 December 2016.