Bihar is characterized by excessive dependence of population on agriculture and dominance of small land holders. Small and marginal farmers constitute about 90 per cent of total farm households, whereas farm households owning land less than 0.5 constitute 78 per cent of total farm households and...

This paper provides a unique perspective to the question of why U.S. producers' hedging practices are not consistent with the price-risk management literature. We conduct a formal test of income support program impacts with unique producer survey data from South Africa and the United States,...

It is due to its strong dependence on the market and natural factors, such as weather conditions and extreme weather events or livestock diseases, agriculture is characterized by high exposure to risks. It is the reason for the important role of mitigation of their impacts in the framework of...

Even though agricultural activities have always had to face systemic risk, increasing uncertainty linked to market conditions, policy revision and climate change require the adoption of extensive, functional and informed risk management strategies. Our study aims to investigate north-eastern...

Rainfall is an important source of covariate shock in developing countries. Insurance against a rainfall index has, therefore, held much promise as a formal insurance product to protect the livelihoods of poor farmers. But how good is rainfall as a measure of covariate shocks? The imperfect...

This paper explores the impacts of traditional agricultural insurance that offers protection against climatic shocks on small-scale tobacco farmers in Colombia. We analyze the impacts of access to the insurance on household financial outcomes after a period of severe climatic events that caused...

This aim of this paper is to analyse possibilities and potential effects of soft commodity derivative market on the development of risk management practice within the CEE. Agricultural producers and other participants in the soft commodity market in CEE are lacking local commodity market. As a...