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The Effects Of Risk Management Strategies With Diversified Hog/Crop Production

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  • Nydene, Cory
  • Patrick, George F.
  • Baker, Timothy G.

Abstract

Risk management strategies were compared using a corn/soybean farm, a hog farm, and a diversified hog/crop farm. Results suggest risk management tools are more effective in combinations, hog/crop diversification shows limited risk reducing benefits, and the effects of choosing among risk management tools may be overemphasized.

Suggested Citation

  • Nydene, Cory & Patrick, George F. & Baker, Timothy G., 1999. "The Effects Of Risk Management Strategies With Diversified Hog/Crop Production," 1999 Annual meeting, August 8-11, Nashville, TN 21694, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea99:21694
    DOI: 10.22004/ag.econ.21694
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    References listed on IDEAS

    as
    1. Goodwin, Barry K. & Ker, Alan P., 1998. "Revenue Insurance: A New Dimension in Risk Management," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 13(4), pages 1-4.
    2. Babcock, Bruce A., 1997. "Assessing the Alternatives," Staff General Research Papers Archive 1804, Iowa State University, Department of Economics.
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    Keywords

    Agribusiness; Risk and Uncertainty;

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