A framework is developed to examine the 2011 pilot program established by the Risk Management Agency (RMA) to insure organic crops. Given that for insurance purposes RMA links organic crop prices to their conventional counterparts by a fixed percentage, we calibrate our model to reflect the...

As the climate in the Midwestern United States becomes increasingly variable due to global climate change, it is critical to provide tools to the agricultural community to ensure adaptability and profitability of agricultural cropping systems. When used by farmers and their advisors,...

A two-factor affine theoretical model is used to estimate the long-term futures curves for wheat in the European Union and the United States, as represented by the Euronext and CME markets, respectively. The CME futures curve exhibits a long-term equilibrium; in contrast, the Euronext futures...

A simulation model representing a north central U.S. corn and soybean farm was used to estimate the degree of financial risk borne by the tenant and the landlord under 10 different types of flexible cash leases.  Probability distributions for yields, prices and production costs were...

A framework is developed to examine organic crop insurance established by the Risk ManagementAgency (RMA). Given that the RMA links organic and conventional crop prices, the modelis calibrated to reflect both markets to illustrate the impacts that pricing has on insurancecoverage. Findings...

Enormous challenges were presented by the 2012 drought. Poor water availability and high temperatures resulted in significant stress during critical phases of corn (Zea mays L.) and soybean (Glycine max L.) development. These stress factors lead to management challenges with insects, diseases,...