EVALUATING USE OF OUTLOOK INFORMATION IN GRAIN SORGHUM STORAGE DECISIONS
This study examines grain sorghum storage decisions in the Texas Coastal Bend region. Decisions involving use and non-use of outlook information are compared using stochastic dominance criteria. Results indicate outlook information is of value to most classes of decision-makers. The value of outlook information, however, is contingent upon producers' risk preferences. The methodology presented could be used to evaluate a more extensive set of marketing strategies for grain sorghum as well as for other crops.
Year of publication: |
1984
|
---|---|
Authors: | Rister, M. Edward ; Skees, Jerry R. ; Black, J. Roy |
Published in: |
Southern Journal of Agricultural Economics. - Southern Agricultural Economics Association - SAEA. - Vol. 16.1984, 01
|
Publisher: |
Southern Agricultural Economics Association - SAEA |
Keywords: | Crop Production/Industries |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Is area yield insurance competitive with farm yield insurance?
Barnett, Barry J., (2005)
-
Capital market innovations and agricultural cooperatives
Sporleder, Thomas L., (1999)
-
Designing and rating an area yield crop insurance contract
Skees, Jerry R., (1997)
- More ...