[Introduction ...] The rest of the paper is structured as follows: In section 2, the hypotheses with regard to farmers’ preferences for CAs that shall be tested by means of the DCE are derived from the literature. The design of the questionnaire, which includes the DCE, as well as the...

This paper analyses the influencing factors of farmers’ use of price hedging instruments (PHIs) based upon a discrete choice experiment with German grain farmers. A mixed logit model is used to determine whether farmers’ choices of PHIs against cash sales are influenced by their price...