How warehouse receipts help commodity trading and financing

Panos Varangis

1996 · 19 citations · 0 references

Concepts

Abstract

Warehouse receipts, also called warrants, are documents stating the ownership of a specific characteristics stored in a specific warehouse for a specific fee. This note summarizes the benefits a warehouse receipt system can bring to agricultural marketing, and the preconditions for it to work well. It also presents developing countries' experience with warehouse receipt systems and highlights the Bank's projects in Poland and Uganda.