We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

The increasing use of production contracts in the hog sector has reduced the number of spot market transactions, raised concerns about price manipulation and helped to spur legislation requiring price reporting by packers. Using data from the 2002 and 2007 Censuses of Agriculture, this study...

In recent decades there has been a substantial increase in the scale of production and the use of production contracts in the hog sector. This paper explores empirically whether these two phenomena are related by examining whether the use of production contracts has allowed finish hog operations...

Exogenous, unobserved factors often confound the effects of alliance networks. More capable farmers might be less likely to exit and more likely to have a large number of alliances. In this case the negative correlation between alliance network size and exit likelihood is due to the unobserved...

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Economic expansion revaluates continuously the economic and social role of agriculture. Population explosion in the world generates continuously growing demand on foods and industrial raw materials. Supply of increased demand is supported by R&D, at the same time using results of it polarizes...

The paper presents results from a survey of 133 dairy producers in Malaysia, and identifies how Malaysian milk buyers can build a loyal customer base with their suppliers as a means to secure uninterrupted milk supplies. A structural equation model was conducted to test the conceptual model...

For European operators of biofuels plants there are not many hedge vehicles available to hedge operational margins. Cross hedges for rapeoil (with the rapeseed futures contract) and RME (with the NYMEX diesel futures contract) could be useful instruments. We use recent developments on threshold...

Mangelhafte Reformen in der Landwirtschaft Kasachstans am Anfang der Transformationsperiode sowie die Finanzkrise 1998 hatten stark negative Auswirkungen auf den Umfang und die Struktur der landwirtschaftlichen Produktion. Wegen der schwierigen finanziellen Lage Anfang bis Ende der 90-ger Jahre...