Purpose – Relatively high recent returns to farmland investments have led to substantially elevated interest in farmland investments. Absent, however, is a well‐functioning equity market in farmland real estate, or well‐developed indexes of farmland returns that might contribute to the...

Purpose – Relatively high recent returns to farmland investments have led to substantially elevated interest in farmland investments. Absent, however, is a well-functioning equity market in farmland real estate, or well-developed indexes of farmland returns that might contribute to the...

Purpose – This study seeks to evaluate the impacts of land rental arrangements on crop insurance and grain marketing decisions. Design/methodology/approach – The analysis is conducted in an Illinois corn‐soybean setting in which optimal marketing and crop insurance decisions are estimated...

This study evaluates the impacts on gross revenue distributions of the use of alternative crop insurance products across different coverage levels and across locations with differing yield risks. Results are presented in terms of net costs, values‐at‐risk, and certainty equivalent returns...

Purpose: Federal crop insurance programs are the primary risk management programs of the US farm programs. Currently, these programs have been criticized for being disproportionally in favor of the riskier areas. Despite previous researchers having widely speculated its existence, a formal...

Purpose – This study seeks to evaluate the impacts of land rental arrangements on crop insurance and grain marketing decisions. Design/methodology/approach – The analysis is conducted in an Illinois corn-soybean setting in which optimal marketing and crop insurance decisions are estimated...

Purpose – The purpose of this paper is to contribute to the empirical evidence about crop yield distributions that are often used in practical models evaluating crop yield risk and insurance. Additionally, a simulation approach is used to compare the performance of alternative specifications...

Purpose – The purpose of this paper is to provide empirical information about the past loss experience in major US crop insurance programs, and documents the impacts of ratings changes through time on the premiums and exposure to participants. The losses are also examined within the structure...