With growing interest in cellulosic biofuels production, U.S. farmers may soon be called upon to produce new commercial dedicated energy crops such as miscanthus. Producing miscanthus however poses new risks to farmers. In particular, the ambiguity of commercial miscanthus yield risk to date and...

Rankings of different risk management portfolios including Average Crop Revenue Election (ACRE), traditional government payment programs, crop insurance and hedging in futures; and optimal choices of insurance coverage levels and hedge ratios are evaluated for a representative central Indiana...