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MARKETING AND CROP INSURANCE COMBINED TO MANAGE RISK ON A CASS COUNTY REPRESENTATIVE FARM AgEcon
Clow, Aaron D.; Flaskerud, George K..
This study analyzed the effects that the use of crop insurance products and marketing alternatives had on the gross revenue per acre for an individual farm in Cass County. Crop insurance products and marketing strategies were analyzed individually to determine if they were effective in minimizing down side risk, and combined to determine if integration created synergies. A whole farm scenario analysis was run that included integrated strategies that implemented the same insurance coverage and marketing alternatives for each crop. Several general conclusions can be drawn for situations similar to the representative farm. When analyzed at the individual crop level, the use of crop insurance at the 65 percent level minimizes down side risk in wheat and corn,...
Tipo: Working or Discussion Paper Palavras-chave: Risk; Management; Strategy; Yield; Price; Insurance; Market; Risk and Uncertainty.
Ano: 2001 URL: http://purl.umn.edu/23517
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