While thebenefits ofusing futures tomanage price risk are widely recognised, only certain groups offarmers have suitable futures attheir disposal. This paper discusses aninnovative instrument, developed inthe Belgian-Dutch pear market, thatprovides analternative tofutures markets bycreating a market forprice swaps. Thus, theinstrument provides some benefits ofmarket-traded derivatives (like futures) while remaining a relatively simple instrument, which requires fewer market transactions. Thepaper describes key properties ofthe swap contracts and theplatform used totrade them. Inaddition, it compares theconditions required forestablishing price swap markets and futures markets. Thus, our study informs thedesign ofsimilar risk management instruments forcommodities and contexts where futures are absent. ; en; BE; NL; contact: Eewoud.Lievens@kuleuven.be