This paper develops and applies a methodology to assess the accuracy of historical loss-cost rating procedures, similar to those used by the U.S. Department of Agriculture’s Risk Management Agency (RMA), versus alternative parametric premium estimation methods. It finds that the accuracy...

Agriculture production in the Texas High Plains is highly dependent on climate especially with the decline in water levels in the Ogallala Aquifer. There is increasing pressure on the Ogallala Aquifer as a result of an increase in population and expansion of agricultural production. The decline...

This study used experimental data from West Lafayette, Indiana to examine the economic benefits of applying fungicide to corn. The average improvements in yield, gross revenue, and net return (gross revenue minus fungicide and application cost) were 4 bushels per acre, $19 per acre, and -$9 per...

Field experiments were conducted with farmers in the Limarí Valley of Chile to test extant theory on right-to-choose auctions. Water volumes that differed by reservoir source and time of availability were offered for sale by the research team. The auctions were supplemented by protocols to...

High tunnels are being used by specialty crop producers to enhance production yields and quality, extend growing seasons, and protect crops from extreme weather. The tunnels are unheated, plastic-covered structures under which crops are planted directly in the soil, and they provide greater...