Terminal market

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

  • Grand Central Market – Los Angeles, CA
  • Los Angeles Farmers Market – Los Angeles, CA
  • Olvera Street – Los Angeles, CA

Florida

  • Yellow Green Farmers Market (2010–present) — Hollywood, FL

Georgia

Illinois

Chicago

Indiana

Louisiana

Maryland

Baltimore

Massachusetts

Michigan

Missouri

Montana

New York (state)

  • Troy Flea – Troy, NY

New York City

Ohio

Oregon

Portland

Pennsylvania

Rhode island

  • Providence Terminal Produce Market - Providence, RI

South Carolina

  • City Market - Charleston, SC

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.


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