The Role and Performance of Iran Agricultural Mercantile Exchange in Agricultural Products

Agriculture is a risky activity and existence of price risk may have a negative effect on agricultural production and farmers’ income. Due to this reason, agricultural commodity exchange market can be a proper tool to deal with this kind of risk. All around the world, agricultural commodity exchange has an important role in price determination. In this study impacts of some important indicators that have effect on price determination in Iran Agricultural Mercantile Exchange are investigated applying Analysis Network Process (ANP) to cross-sectional data in 2012. The result showed that import is the most important factor in price determination in Iran Agricultural Mercantile Exchange, so establishing agricultural mercantile exchange in different regions can be very helpful for agricultural sector.