Managing Risk in Farming: Concepts, Research, and Analysis

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英文名称：

Managing Risk in Farming: Concepts, Research, and Analysis

作者：

Joy Harwood; Richard Heifner; Keith H. Coble; Janet Perry; Agapi Somwaru

工作单位：

USDA's Economic Research Service

来源地址：

https://www.ers.usda.gov/publications/pub-details/?pubid=40971

关键词：

crop insurance;  risk;  diversification;  futures contracts;  leasing;  leveraging;  liquidity;  livestock insurance;  marketing contracts;  options contracts;  production contracts;  revenue insurance;  vertical integration; 

年份：

1999

出版地：

Washington, DC, USA

总页数：

130 pp

语种：

English

摘要：

The risks confronted by grain and cotton farmers are of particular interest, given the changing role of the Government after passage of the 1996 Farm Act. With the shift toward less government intervention in the post-1996 Farm Act environment, a more sophisticated understanding of risk and risk management is important to help producers make better decisions in risky situations and to assist policymakers in assessing the effectiveness of different types of risk protection tools. In response, this report provides a rigorous, yet accessible, description of risk and risk management tools and strategies at the farm level. It also provides never-before-published data on farmers' assessments of the risks they face, their use of alternative risk management strategies, and the changes they would make if faced with financial difficulty. It also compares price risk across crops and time periods, and provides detailed information on yield variability.