This paper presents preliminary results on the possible demand for weather insurance in China. Results from 1,564 farm households from Western and Central China between October 2007 and October 2008 suggest that the greater risk for farmers is drought followed by excessive rain. Heat is less...

This paper developes a multiperiod model in which hedge adjustments are allowed. The two major marketing alternatives specified in the model are to sell in the spot market or to forward contract using formula pricing. To proxy the underlying forward contract value, the American put call parity...

The research was supported by National Natural Science Fund of China with ratification number 70873096.

Results of a study completed for Congress indicate direct program borrowers are more financially stressed than guaranteed borrowers and that many current farm loan program borrowers may not be able to continue farming, at least in the short-term, without access to government subsidized credit....

Land is the most important agricultural asset. Income risk due to farmland price volatility creates economic hardship for rural communities. Although inflation explains much of the farmland valuation problem, it remains to some extent a puzzle. We use wavelet-based statistical methods supported...