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The Agricultural Risk Protection Act of 2000 recognized organic farming as a“good farming practice,†making federal crop insurance coverage available for organiccrops, and taking into account the idiosyncrasies of the organic production system. Inaddition to the production risks...
Persistent link: https://www.econbiz.de/10010535918
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...
Persistent link: https://www.econbiz.de/10011143824
  A survey of organic grain and oilseed producers in Iowa, Minnesota and Wisconsin was conducted to collect information about their demographic characteristics, production and price risk management strategies, yields and losses, and crop insurance decisions. The data are analyzed using a...
Persistent link: https://www.econbiz.de/10008464949
Cointegration is tested between organic and conventional corn and soybean markets in several locations throughout the U.S. using a unique data set. Organic prices are found to behave like jump processes rather than diffusions, and Monte Carlo methods are developed to compute appropriate critical...
Persistent link: https://www.econbiz.de/10008492117
Cointegration is tested between organic and conventional corn and soybean markets in several locations throughout the U.S. using a unique data set. Organic prices are found to behave like pure jump processes rather than diffusions. A simple specification for pure jump processes is introduced and...
Persistent link: https://www.econbiz.de/10011194270
A framework is developed to examine the 2011 pilot program established by the RiskManagement Agency (RMA) to insure organic crops. Given that for insurance purposes RMAlinks organic crop prices to their conventional counterparts by a fixed percentage, we calibrateour model to reflect the organic...
Persistent link: https://www.econbiz.de/10009360670
A survey of organic grain and oilseed producers in Iowa, Minnesota and Wisconsin wasconducted to collect information about their demographic characteristics, production and pricerisk management strategies, yields and losses, and crop insurance decisions. The data areanalyzed using a discrete...
Persistent link: https://www.econbiz.de/10009360725
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