Showing 1 - 10 of 16
The aim of this paper is to give an overview of the risk attitudes of Hungarian sheep producers regarding the changes they have had to go through since the political changes of 1989-1990. Moreover, the objective of this study is to strengthen the empirical basis for risk analysis by identifying...
Persistent link: https://www.econbiz.de/10005536080
Recent changes in federal farm programs and contemporary farm program proposals highlight an evolving shift in farm policy from income support to risk management. A mix of price- and revenue-based commodity programs as well as yield- and revenue-based insurance products provide crop producers a...
Persistent link: https://www.econbiz.de/10010878690
Persistent link: https://www.econbiz.de/10010909107
A stochastic simulation model is used to simulate crop revenues net of farm policy and crop insurance costs. Certainty equivalent analysis is used to rank farm policy and crop insurance alternatives for varying levels of risk aversion.
Persistent link: https://www.econbiz.de/10010909112
Wood borers and bark beetles are among the most serious forest pests worldwide. Many such species have become successful invaders, often causing substantial, costly damages to forests. Here we design and evaluate the cost-efficiency of a trap-based surveillance program for early detection of...
Persistent link: https://www.econbiz.de/10010916124
This paper examines the effect of Canadian agricultural business risk management (BRM) programs on farm financial performance. Monte Carlo simulation is used to model stochastic prices and production for a representative Alberta cropping operation. Net present value (NPV) analysis is used to...
Persistent link: https://www.econbiz.de/10010916155
This work outlines the quantitative procedures and results of the policy effects for alternative designs of federal revenue-based farm income safety net programs on eight individual representative farms across the state of Nebraska. Measures include financial impacts of the farm crop...
Persistent link: https://www.econbiz.de/10010916538
Land fragmentation, also known as scattered land holdings, is a common phenomenon in agriculture around the world. In some cases, it has even persisted through government-supported land consolidation programs that aim to improve agricultural productivity. This study evaluates the effect of land...
Persistent link: https://www.econbiz.de/10011068950
A stochastic simulation model is used to determine crop insurance premiums and farm program payments for a Illinois corn-soybean and Mississippi corn-soybean-rice-cotton farm. The optimal portfolio of crop insurance and farm programs are determined subject to payment limitations and crop...
Persistent link: https://www.econbiz.de/10010936964
An agronomic crop growth model, Decision Support System for Agro-Technology Transfer (DSSAT), is used to find optimal crop management strategies for cotton production in Mitchell, Miller, and Lee Counties in Georgia during the past 10 years. Planting date and irrigation threshold are the two...
Persistent link: https://www.econbiz.de/10005012605