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U.S. agriculture has seen a decrease in of producers under the age of 35 entering agriculture for the past thirty years. This paper will explore the design and possible implementation of an innovative loan program designed give qualifying new young and beginning producers concessionary interest...
Persistent link: https://www.econbiz.de/10010915054
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America’s agricultural producers continue to age. According to the U.S. Census of Agriculture, the average age of farm operators increased from 55.3 in 2002 to 57.1 in 2007. During the same period, the Census shows a thirty percent decrease in the number of farmers under the age of 25. Young...
Persistent link: https://www.econbiz.de/10011070103
In-person interviews were carried out with Mexican millers who were administered a conjoint-type survey designed to incorporate uncertainty in attribute levels. Two methods were used to model millers’ risk preferences: a modified mean-variance approach and an explicit expected utility...
Persistent link: https://www.econbiz.de/10008474534
This study focuses on managing cotton production and marketing risks using combinations of irrigation levels, put options (as price insurance), and crop insurance. Stochastic cotton yields and prices are used to simulate a whole-farm financial statement for a 1,000 acre furrow irrigated cotton...
Persistent link: https://www.econbiz.de/10009645946
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