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Risk In U.S. Agriculture: New Challenges And New Approaches

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  • Boehlje, Michael

Abstract

Dramatic changes are occurring in the agricultural sector - changes which will result in agricultural industries having many of the characteristics of manufacturing industries. The rapidly changing business climate is creating a new agriculture with new risks. And many of these risks require new approaches and different perspectives to adequately assess and manage them. The new risks will create both challenges and opportunities for farm and agribusinesses and those who finance them.

Suggested Citation

  • Boehlje, Michael, 2002. "Risk In U.S. Agriculture: New Challenges And New Approaches," Staff Papers 28614, Purdue University, Department of Agricultural Economics.
    • Handle: RePEc:ags:puaesp:28614
    DOI: 10.22004/ag.econ.28614
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    File URL: https://ageconsearch.umn.edu/record/28614/files/sp02-07.pdf
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    References listed on IDEAS

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    1. Timothy A. Powell & Michael C. Brumm & Raymond E. Massey, 1993. "Economics of Space Allocation for Grower-Finisher Hogs: A Simulation Approach," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 15(1), pages 133-141.
    2. Mazzocco, Michael A. & Laduzinski, Steven M., 1992. "Modeling Stochastic Interest Rates in Financial Institution Budgeting," 1992 Regional Committee NC-207, September 26-29, 1992, Minneapolis/St. Paul, Minnesota 131247, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
    3. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    4. Poray, Michael C. & Gray, Allan W. & Boehlje, Michael, 2002. "Evaluation of Alternative Coordination Systems Between Producers and Packers in the Pork Value Chain," Staff Papers 200386, Purdue University, Department of Agricultural Economics.
    5. A. M. Azzam & E. Pagoulatos, 1990. "Testing Oligopolistic And Oligopsonistic Behaviour: An Application To The Us Meat‐Packing Industry," Journal of Agricultural Economics, Wiley Blackwell, vol. 41(3), pages 362-370, September.
    6. Perry, Martin K., 1989. "Vertical integration: Determinants and effects," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 4, pages 183-255, Elsevier.
    7. Walburger, Allan M. & Foster, Kenneth A., 1997. "Assessing The Relationship Between Market Factors And Regional Price Dynamics In U.S. Cattle Markets," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 22(1), pages 1-12, July.
    8. Kliebenstein, James & Lawrence, John D., 1995. "Contracting and Vertical Coordination in the United States Pork Industry," ISU General Staff Papers 199501010800001264, Iowa State University, Department of Economics.
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    Cited by:

    1. Khatami, Koohyar & Shadbolt, Nicola & Dooley, Anne & Gray, David, 2019. "Pr - New Zealand Dairy Farmers’ Debt Management Strategies," 22nd Congress, Tasmania, Australia, March 3-8, 2019 345895, International Farm Management Association.

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    Keywords

    Agribusiness; Risk and Uncertainty;

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