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This report analyzes farmers' choice of crop insurance contracts and tests for the presence of asymmetric information in the market for multiple yield and revenue insurance products. Farmers' risk characteristics, their level of income, and the cost of insurance significantly affect their...
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The method often proposed to meet environmental goals such as water quality improvement is input restriction, such as reduced fertilizer or pesticide use. Computable general equilibrium (CGE) models are potentially valuable tools to analyze the economic impact of such programs. However, to be...
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Furrow diking can prevent irrigation and rainfall runoff, conserve energy use, prevent soil loss, amd allow producers to reclaim land otherwise unusable, depending on soil, climate, and crops grown in a given area. Initial investment to use this technique may be recovered within the first...
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A method to obtain quantitative information on public attitudes toward natural resource issues is described.1 The quantification depends on the structure of the entire survey instrument as well as on individual items in the survey. Items are designed and organized to facilitate (1) the...
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It is not economically feasible to supplement natural air drying of high-moisture shelled corn by adding heat (solar and otherwise). In some cases, that drying method speeds product deterioration. A simulatiton analysis of the west central Great Plains determined that benefits from adding solar...
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