The price variability of agricultural commodities reached record levels in 2008, and again more recently in 2010, raising concerns about this increased price volatility would be temporal or structural. The Chinese soybean futures market is the second largest in the world, after the CME group, in...

China adopted a mandatory labeling policy of Genetically Modified (GM) food products in 2002. The strategy of separating trading was intended by Chinese regulators to protect domestic non-GMO production, provide non-GM soybean growers a higher selling price, and facilitate marketing. On December...

The main objective of this study is to compare the impacts of government payments and crop insurance policies on the use of futures and options measured from a downside risk hedge model with the impacts analyzed by the expected utility (EU) hedge model. Understanding the effects of...

The main objective of this study is to compare the impacts of government payments and crop insurance policies on the use of futures and options measured from a downside risk hedge model with the impacts analyzed by the expected utility (EU) hedge model. Understanding the effects of...

The high proportion of government payments in total crop farm income and the purchase of subsidized crop insurance have changed the income distribution of U.S. crop farmers. As a result, the risk management behaviors of U.S. crop farmers are affected by these programs in terms of the use of...