Risk and uncertainty have been extensively studied by agricultural economists. In this paper we question (a) the predominant use of static frameworks to formally analyse risk; (b) the predominant focus on risk aversion as the motivation for considering risk and (c) the notion that explicitly...

During the last decade, cotton production and area have been declining as a result of depleting soil nutrients and low cotton prices in the cotton zone of Mali. This paper shows that the Malian government’s 2011 policy to increase the farm gate cotton price as a response to world cotton price...

The paper develops a mathematical programming model for assessing the impact of Environmental Policy instruments on French winegrowing farm’s adoption of pesticides-saving technologies. We model choices with regards to investment in precision farming and plant protection practices, in a...

The goal of this article is to give some guidelines when modeling farmers’ rotation choices through optimization models. To improve the accuracy of such models, researchers can i) sophisticate the utility function or ii) specify the production function and the constraints of the model. Based...

Agricultural producers throughout much of the United States experienced one of the most severe droughts in the last 100 years during the years 1999-2006. The prolonged nature of this drought highlights a need to better understand the impacts and management of drought across growing seasons,...

U.S. production of six-rowed malting barley has declined sharply over the last several years. Further, the quality of U.S. malting barley has suffered repeatedly due to disease. This has left the U.S. malting industry dependent on a single-desk seller of malting barley, the Canadian Wheat Board....

Despite the rapid producer adoption of hybrid rice (Oryza sativa L.) in recent years, the economic advantage of hybrid rice in the mid-Southern United States remains disputed. This study compares the economic risk and return of three popularly sown hybrid rice varieties: XL723, Clearfield® (CL)...