Selecting the best wheat varieties affects producers’ profit and financial risk. This study identifies the optimal … wheat variety selection using the portfolio approach at various risk aversion levels. Results showed that the optimal wheat … variety selection was significantly affected by changes in levels of risk aversion of decision makers …

supports these assumptions. An empirical application of the arbitrage equations provides evidence that risk aversion and …

This study evaluates both the profitability and risk efficiency of grazing stocker steers on conservation tillage …. Stocker steer net return distributions by tillage treatment are constructed and ranked for risk efficiency using SERF. The … results indicate the NT system is the most profitable and most risk efficient of the three tillage systems, followed by the RT …

cumulative distribution functions of whole-farm returns according to specified risk preferences. The results indicate NT farms …

management strategies under various risk preferences and utility-weighted certainty equivalent risk premiums. Yields, input rates …, risk analysis indicates CRP would be the preferred strategy for some risk-averse managers. …

One of the most fundamental and traditional risk management tools available to agricultural producers is a savings … met when unexpected shortfalls in income occur. Crop insurance, another risk management tool, likely reduces the cash …

forward pricing are commonly used concurrently to manage crop revenue risk, the optimal combinations of these tools are … ratio which maximizes the certainty equivalent of a risk averse producer. The results generally reveal a lower optimal hedge … ratio with area-insurance than with individual insurance and show that STAX and ARC tend to slightly increase optimal hedge …