This article evaluates structural changes in the U.S. nitrogen fertilizer industry by using a decomposed Negative Binomial Regression model. Results indicate that the U.S. nitrogen fertilizer industry can be characterized as an industry involving price leadership in oligopoly. Declining...

Introduction: The context of row crop risk management continues to grow more complex. While the magnitude of price and yield risk changes over time, the development of sophisticated risk management tools and complex government policies may improve growers’ ability to manage risk -- if these...

The proposed Supplemental Coverage Option (SCO) crop insurance program is included in both the House and Senate farm bills. We develop a county level model to analyze program indemnities. The FAPRI-MU stochastic U.S. model is used to estimate market effects of the program. We find the net...

This paper was submitted to AAEA's 2013 Crop Insurance and the Farm Bill Symposium.

A stochastic simulation model is used to simulate crop revenues net of farm policy and crop insurance costs. Certainty equivalent analysis is used to rank farm policy and crop insurance alternatives for varying levels of risk aversion.