Showing 1 - 10 of 547
Persistent link: https://www.econbiz.de/10009020818
This article investigates how information from cotton yield monitors influences the perceptions of within-field yield variability of cotton producers. Using yield distribution modeling techniques and survey data from cotton producers in 11 southeastern states, we find that cotton farmers who...
Persistent link: https://www.econbiz.de/10011142835
This paper evaluated differences between yields of no-tillage compared to conventional or reduced tillage and their associated downside risk. Six crops were evaluated along with how those yields and risks differed by various environmental factors such geographic location, precipitation, soil...
Persistent link: https://www.econbiz.de/10008922691
An over-parameterized statistical yield-switching-fraud model is developed. Over-parameterized procedures are reviewed. Five percent of 206,952 producers (thirteen percent in one state) have suspicious yield patterns, elect higher coverage, and increase total multiple-unit indemnifications up to...
Persistent link: https://www.econbiz.de/10005500341
We analyze the effects of crop insurance and the Marketing Loan Program on optimal nitrogen use and acreage allocation for a case cotton-sorghum farm in Texas. A mathematical programming model is used to simulate the optimal nitrogen fertilizer rate, crop acreage allocation, coverage level, and...
Persistent link: https://www.econbiz.de/10005500360
One of the key factors affecting the crop output is the rainfall volume. For this reason, insurance plans based on the rainfall deviation of the mean have been advanced. This paper provides prospects of rainfall-indexed insurance in Romania considering the tradeoff between moral hazard and basis...
Persistent link: https://www.econbiz.de/10005500425
Concerns about contamination of the food supply and the financial losses that would result have limited the promise of certain genetically engineered plants. This article addresses the situation by constructing an insurance pricing model to protect against those losses. The model first estimates...
Persistent link: https://www.econbiz.de/10005500432
Using 11 years of experimental crop yields by cropping systems and fertilizer level, a MOTAD frontier was developed. This analysis allowed yield, cost, and stability interactions arising from crop sequences to be implicitly included. Target-MOTAD, Safety-First, and undominated stochastic...
Persistent link: https://www.econbiz.de/10005501164
This paper analyzes the potential trade offs and complementarities that exist between intra-year strategies employing annual price and yield risk contracts and inter-year self-insurance strategies involving intertemporal consumption substitution and borrowing, and examines whether standard crop...
Persistent link: https://www.econbiz.de/10005501183
We hypothesize that imperfect quality measurement in contracts for fresh fruits and vegetables results in a moral-hazard problem, and that the final price of the produce provides additional information regarding quality. As a consequence, growers are not shielded from all price risk. This...
Persistent link: https://www.econbiz.de/10005503205