Harvest response to production and asymmetric price risk was analyzed using an ordinary least squares model. Statistically significant responses to production-quality and output price risk were indicated. Results suggest that alternative pricing strategies designed to reduce risk may alter...

Quality discounts and premiums for rough rice in Texas rice bid/acceptance markets are analyzed. The most important quality factors determining the value of rough rice are head yield and peck. A one percentage point reduction in peck damage raises the price received per hundredweight of rough...