Terminal market

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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)

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

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

Washington (state)

Washington, D.C.

Wisconsin

References

  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.