Citrus Prices and Market Structure in the Lower Rio Grande Valley of Texas

Excerpts from the report: This report examines market structure and prices in the fresh citrus market of the Lower Rio Grande Valley. The primary aspect of pricing considered is the pricing efficiency of the market--the manner in which the market transmits prices from the f.o.b. to the grower level. Data on number and size of firms in the Lower Valley were obtained from the offices of the Texas Valley Citrus Committee. Information on citrus purchases and sales at shipping point was obtained from a sample of 14 shipping firms handling about 78 percent of all fresh citrus shipped during the 1960-61 season