Evaluation of Risk Management Methods for Satsuma Mandarin

Jeanne K. Lindsey, Patricia A. Duffy, Robert G. Nelson, Robert C. Ebel and William A. Dozier

No 46754, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: Simulation of production budgets were used to compare net discounted returns and the distribution of returns under alternative risk-mitigation scenarios. Results indicate that the combination of freeze protection and crop insurance increases expected net discounted 20-year returns while decreasing the downside risk. Break-even prices ranged from $.257 to $.289 per pound. Crop insurance returns were constant across price.

Keywords: Crop Production/Industries; Farm Management; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 21
Date: 2009
New Economics Papers: this item is included in nep-ias and nep-rmg
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeana:46754

DOI: 10.22004/ag.econ.46754

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