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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...
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  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...
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Cointegration is tested between organic and conventional corn and soybean markets in severallocations throughout the U.S. using a unique data set. Organic prices are found to behave likejump processes rather than diffusions, and Monte Carlo methods are developed to computeappropriate critical...
Persistent link: https://www.econbiz.de/10009360724
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
In recent years, the organic sector has grown steadily and significantly. However, little economic research has been performed on risk management in organic agriculture, likely because of the lack of available data. This lack of data may also be why the creation of the current crop insurance...
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