This article examines economic efficiency (EE) of crop production of Russian corporate farms for 1993-1998. EE declined over the period, due to declines in both technical and allocative efficiency. Technical efficiency (TE) results indicate that output levels could have been maintained while...

This research uses the results of a series of within-sample experiments to elicit risk premium measures from agricultural producers. Results show that there is little consistency between measures in different contexts and using different elicitation methods, suggesting that underlying risk...

This research investigates optimal price risk management strategies for fed cattle producers engaged in grid pricing. Stochastic simulation is used to determine optimal hedge ratios for fed cattle priced on a live weight basis or on a series of grids that vary in terms of premium/discount...