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HOW CLOSELY RELATED ARE THE PRICES OF ORGANIC AND CONVENTIONAL CORN? AgEcon
Singerman, Ariel; Lence, Sergio H..
Tipo: Conference Paper or Presentation Palavras-chave: Cointegration; Organic corn prices; Organic farming; Organic production; Agricultural and Food Policy; Q18.
Ano: 2010 URL: http://purl.umn.edu/61151
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Revenue Protection for Organic Producers: Too Much or Too Little AgEcon
Singerman, Ariel; Hart, Chad E.; Lence, Sergio H..
A framework is developed to examine organic crop insurance established by the Risk Management Agency (RMA). Given that RMA links organic and conventional crop prices, the model is calibrated to reflect both markets to illustrate the impacts that pricing has on insurance coverage. Findings indicate that at the 75% coverage level, RMA's fixed price factor implies an effective coverage ranging from 45% to 106% depending on the ratio of planting-time organic to conventional market prices. Results suggest RMA's program is likely to induce adverse selection, because the nominal coverage level is likely to substantially deviate from the effective coverage.
Tipo: Presentation Palavras-chave: Crop insurance; Organic agriculture; Agricultural and Food Policy; Q18.
Ano: 2012 URL: http://purl.umn.edu/124370
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DEMAND FOR CROP INSURANCE BY ORGANIC CORN AND SOYBEAN FARMERS IN THREE MAJOR PRODUCING STATES AgEcon
Singerman, Ariel; Hart, Chad E.; Lence, Sergio H..
A survey of organic grain and oilseed producers in Iowa, Minnesota and Wisconsin was conducted to collect information about their demographic characteristics, production and price risk management strategies, yields and losses, and crop insurance decisions. The data are analyzed using a discrete choice model to establish which variables influence organic producers’ decision of whether to purchase crop insurance and also which ones affect the insurance product choice when applicable. The study describes the risk profiles of organic producers, and analyzes whether significant variations exist between organic and conventional methods of production so as to quantitatively determine the differential production risk associated with organic production. This...
Tipo: Conference Paper or Presentation Palavras-chave: Crop insurance; Organic farming; Organic production; Agricultural and Food Policy; Risk and Uncertainty; Q18.
Ano: 2010 URL: http://purl.umn.edu/60935
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