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Zering, Kelly D.; McCorkle, C.O., Jr.; Moore, Charles V.. |
The usefulness of FCIC multiple peril crop insurance on diversified, irrigated, high yielding farms in the Imperial Valley is examined. Production data and expected price and yield distributions were collected from thirty-two farm managers in 1982. Individual whole-farm net income distributions then were used to elicit their risk preferences. Participation in FCIC crop insurance for cotton, wheat, and sugar beets under the existing program and under several alternatives was predicted. Predicted participation never exceeds 25% of eligible growers. Low maximum yield guarantees and premiums inconsistent with individual yield experience are identified as factors limiting participation. |
Tipo: Journal Article |
Palavras-chave: Crop Production/Industries; Risk and Uncertainty. |
Ano: 1987 |
URL: http://purl.umn.edu/32470 |
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Moore, Charles V.; Noel, Jay E.. |
Delivery rights to a cooperative's marketing pool can take on a value independent of the members' equity share under certain conditions. Based on anecdotal information, transferable delivery rights become valuable when the pool is fixed in size (closed), members are protected from exploitation of quasi economic rents, and have an assured "home" for their production. The greater the potential buyers' aversion to risk, the higher the value of the delivery right. The right has additional value if the cooperative generates a premium per unit return due to product differentiation and market power. Cooperatives competing with investor-owned firms in less than purely competitive markets must be able to pay equal net returns to members if they are to survive. |
Tipo: Journal Article |
Palavras-chave: Agribusiness; Marketing. |
Ano: 1995 |
URL: http://purl.umn.edu/46183 |
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Moore, Charles V.. |
Long-Run Average Cost Curves were developed for 18 Federal irrigation districts indicating in general constant cost industry. Conclusions were that Interiors acreage limitation policy would cause no appreciable loss in economic efficiency nor an increase in food costs. Implementation of full-cost water pricing to recapture Federal subsidies would greatly reduce the amount of water demanded and significantly impact production of forages and other high water using crops. |
Tipo: Journal Article |
Palavras-chave: Land Economics/Use. |
Ano: 1982 |
URL: http://purl.umn.edu/32265 |
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