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Terminal market

From Wikipedia, the free encyclopedia

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)

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California

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Los Angeles

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Florida

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Georgia

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Illinois

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Chicago

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Indiana

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Louisiana

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Maryland

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Baltimore

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Massachusetts

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Michigan

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Missouri

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Montana

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New York (state)

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New York City

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Ohio

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Oregon

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Portland

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Pennsylvania

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Rhode island

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South Carolina

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Tennessee

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Texas

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Virginia

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

Washington (state)

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Washington, D.C.

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Wisconsin

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References

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  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.