Estándares de sostenibilidad en los agronegocios: una revisión de las líneas de estudio en la literatura académica

Orcasita-Cordoba, Stefany Loren; Lizcano-Prada, Julieth; Lombana, Jahir

doi:10.21676/23897848.4043

Cited by 2 publications

(1 citation statement)

References 21 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The "Coffee KC" contracts on Intercontinental Exchange (ICE) are crucial for Colombian coffee; they involve the future delivery of green beans to warehouses in the United States or Europe [6] The contracts are linked to international market volatility, mainly influenced by Brazil's production, standardized with expiration dates and adjustments based on origin and quality [7] While futures contracts ensure minimum income and reduce risks in the sector, recent events such as post-pandemic inflation and climatic phenomena like El Niño led to a sharp increase in prices in 2021, resulting in sudden losses in futures positions, driven by various factors [8,9]. In response, some producers defaulted on delivery agreements, selling directly in the physical market at higher prices.…”

Section: Introductionmentioning

confidence: 99%

Smart Contracts as a Tool to Support the Challenges of Buying and Selling Coffee Futures Contracts in Colombia

Ordoñez,

Organero,

Ramirez-Gonzalez

et al. 2024

Agriculture

View full text Add to dashboard Cite

In Colombia, coffee futures contracts represent essential financial agreements that allow producers and buyers to establish prices, quality, and conditions for future transactions in the coffee market. Despite the evident benefits of stability and predictability, this practice faces significant sustainability challenges that threaten its long-term viability. One of the reasons is the significant lack of transparency in the supply chain. Farmers, affected by abrupt price fluctuations and adverse weather conditions such as the El Niño phenomenon, experience an increase in market prices, leading to the non-delivery of the final product, and contract breaches as they find better prices in the local market. In this context, smart contracts emerge as a promising technological solution to address these problems. These contracts enable the verification of each step in the process, from harvest to final sale, within a blockchain. Therefore, this research designs a smart contract managed through a platform called SmartBeanFutures, which records the clauses of futures contracts using the IERC721 framework, allowing the generation of a unique and non-repeatable asset. It aims to sell, promote, and manage coffee sale prices during the agreement’s signing, creating a transparent environment for chain actors. This proposal undergoes evaluation in a test environment, providing farmers access to the designed platform. Following the validation of the proposal, it was identified that over 74% would use this type of contract in their agricultural processes, highlighting that implementing this technology contributes to eliminating intermediaries in the chain and gives farmers more control over their participation in the market.

show abstract

Section: Introductionmentioning

confidence: 99%

Smart Contracts as a Tool to Support the Challenges of Buying and Selling Coffee Futures Contracts in Colombia

Ordoñez,

Organero,

Ramirez-Gonzalez

et al. 2024

Agriculture

View full text Add to dashboard Cite

show abstract

Sustainability standards in rural entrepreneurships: the case of banana producers in Magdalena (Colombia)

Lizcano-Prada,

Maestre-Matos,

Lombana-Coy

2024

MRJIAM

View full text Add to dashboard Cite

Purpose This study aims to evaluate how the criteria of sustainability standards (SS) ensure the social dimension of corporate sustainability (CS) in rural entrepreneurships using the case of banana agribusinesses in Magdalena (Colombia). Design/methodology/approach The methodological design was quantitative, explanatory and cross-sectional, where a sample of banana producers from Magdalena (Colombia) was selected. A structural equation model (SEM) was developed to evaluate the hypotheses. The SEM goodness-of-fit and fit indices were all acceptable. Findings There is a strong and statistically significant correlation between SS criteria and the social dimension of CS. In particular, local development is the most influential factor in shaping CS in the context of banana agribusinesses in Magdalena, Colombia, operating as rural entrepreneurship. Meanwhile, working conditions and human rights show moderate effects, while labor rights do not have a perceptible impact. Research limitations/implications Only the SS criteria that ensure the social dimension of CS in the banana agribusinesses of Magdalena (Colombia) were considered. It is important to note that other variables may be involved in ensuring CS. Future research to identify these possible variables is recommended. Originality/value This investigation explores an understudied issue within the CS sphere, explicitly focusing on rural entrepreneurship in developing countries, notably Colombia. The study scrutinizes the impact of SS on the social dimension of CS in rural environments, using banana cooperatives as a case study and highlighting the value of developing strategies to help improve the CS performance of this type of organization.

show abstract

Estándares de sostenibilidad en los agronegocios: una revisión de las líneas de estudio en la literatura académica

Cited by 2 publications

References 21 publications

Smart Contracts as a Tool to Support the Challenges of Buying and Selling Coffee Futures Contracts in Colombia

Smart Contracts as a Tool to Support the Challenges of Buying and Selling Coffee Futures Contracts in Colombia

Sustainability standards in rural entrepreneurships: the case of banana producers in Magdalena (Colombia)

Contact Info

Product

Resources

About