Characteristics of farm level yield and revenue loss that is systemic with yield and revenue loss at the county, state, and U.S. level are examined using farm yields from the Illinois and Kansas farm business management associations. The data begins with 1972. Share of yield and revenue loss...

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...

Although significant research has been done on managing farmers’ financial risk through federal programs such as federal crop insurance, to date, little attention has been paid to the ability of on-farm management’s potential to mitigate agricultural risk. Federal crop insurance could...

The objective of this paper is to study the effect of agricultural policies on marketing decisions as well as the link between marketing and production decisions. We develop an analytical model to study how policies affect marketing decisions and conditions under which the two types of decisions...

Modern animal production has been criticised for the lack of animal-friendly production practices. The goal of this paper is to examine how animal welfare could be improved in pig fattening by providing producers with extra incentives. The focus is on three preventive and one mitigative...

The sustainability of small and medium-sized enterprises (SMEs) is constantly challenged on today’s dynamic operating environment. Evolving regulatory trends, difficult economic conditions, and diminishing natural resources, pose serious questions for all players across the food system....

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This study examines the effect of European intervention politics in the European butter market in the context of market liberalization using the example of Germany. A heteroscedastic Tobit model is estimated using German butter market data from 1973-2010. There is evidence that price support has...

Agricultural countries usually produce multiple crops, but a particular area of land is allocated to the production of a certain crop. Understanding how producers make decision to allot acreage among crops and how decisions about land use are affected by changes in prices and their volatility is...

Communal land use system has existed in pastoral Afar (as in many other pastoral areas) since time of immemorial accommodating the interests of different user groups. This form of land use system, which has adapted to the harsh environment in which herders raise their livestock, enables...