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The cost of operating the Food Security Commodity Reserve as a commodity reserve was compared with the cost of a cash reserve to purchase food aid supplies only in the period of need. Preliminary simulation results reveal the cash reserve to be less costly in almost all cases.
Persistent link: https://www.econbiz.de/10005525904
strong impact of the policy measures on the production, procurement, stocks and trade. We detected several market distortions … storage losses for rice (10%) than for wheat (2%). Strong crowding out effects of the public stocks on private stocks and … negative impact of export restrictions on private ending stocks was found. Total exports are highly distorted by the trade …
Persistent link: https://www.econbiz.de/10011069013
farmers' needs, expensive, benefiting agro-business, risk of decreased biodiversity), but does indicate that contamination of …
Persistent link: https://www.econbiz.de/10005500372
, and on attributes associated with both business arrangements. Risk-averse farmers should be willing to pay a risk premium … for the reduction in price risk provided by a contract. Farmers with a preference for "autonomy" should be willing to pay … and own the commodity they produce. The benefits to growers from contracting (such as risk reduction) may be over …
Persistent link: https://www.econbiz.de/10005513447
We combine theory with numerical integration methods to show that for any form of uncompensated supply, compensating variation of a change in higher moments of an output price distribution can be numerically derived.
Persistent link: https://www.econbiz.de/10005494077
Risk and uncertainty in a water market will generate trading patterns that differ from those expected under conditions … generated by differences in risk. Some farmers will choose to reduce relative risk by purchasing additional water rights whereas … permanent rights markets, farmers who are better able to bear risk are more likely to participate in the spot market than those …
Persistent link: https://www.econbiz.de/10005494093
Using longitudinal panel farm-level data, this study finds that income variability may be materially influenced by farm size. Econometric results suggest that policy analyses and other considerations of the distributional effects of, and response to, income variability for commercial scale...
Persistent link: https://www.econbiz.de/10005468469
management strategy for several levels of risk aversion. Research Methods Hard red winter wheat grain yield data were produced in … included the per acre cost of chemical as well as the per acre rental rate for ground application. Risk analysis was conducted … treatment cost that would entice wheat producers to use fungicide for several levels of risk aversion. Potential for Generating …
Persistent link: https://www.econbiz.de/10010880866
availability. Hence stochastic rainfall poses considerable production risk in the region and developing strategies to maximize the … optimal decisions were not sensitive to variations in price of cotton lint and farmer’s attitude towards risk. …
Persistent link: https://www.econbiz.de/10010880911
conclude that the cost of forward contracting for January delivery is partly compensation for the counterparty risk borne by … soybeans for January delivery. This indicates that cash flow risk may be more important than risk of default by the farmer …
Persistent link: https://www.econbiz.de/10010881173