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Jordaan, Henry; Grove, Bennie. |
Risk aversion is the primary reason for farmers to use forward pricing methods to hedge against price risk. Previous international research on farmers’ forward pricing behaviour found inconsistent results with respect to the relationship between risk aversion and the use of forward pricing methods. Ordinary Least Squares (OLS) regression is used in this research to investigate the relationship between the proportion of maize Vaalharts maize producers are willing to forward price and risk aversion. The quantity decision is modelled conditional on the adoption decision to ensure that the modelling procedure does not force the same variables to influence the two decisions in the same way. Regression results showed that more risk averse farmers are forward... |
Tipo: Journal Article |
Palavras-chave: Forward pricing; Risk aversion; Farm characteristics; Linear regression; Crop Production/Industries; Marketing; Risk and Uncertainty. |
Ano: 2008 |
URL: http://purl.umn.edu/5970 |
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Perry, Janet E.; Banker, David E.; Green, Robert C.. |
This study provides a comprehensive view of the organization, management, and financial performance of U.S. broiler farms. Using data from USDA's Agricultural Resource Management Study (ARMS, formerly known as the Farm Costs and Returns Survey), we examine farm size, financial structure, household income, management practices, and spousal participation in decision-making. We compare broiler operations with other farming enterprises and their earnings with that of the average U.S. household. Because most of the 7 billion broilers produced in the United States in 1995 were raised under contract, we also explore the use of contracts and the effects of contracting on the broiler sector. |
Tipo: Report |
Palavras-chave: Contracting; Broilers; Poultry; Farm characteristics; Farm income; Farm operator characteristics; Risk management strategies; Livestock Production/Industries. |
Ano: 1999 |
URL: http://purl.umn.edu/33739 |
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