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Agricultural Markets and Risk Management Tools

Barry Kent Goodwin ()

No 128207, 126th Seminar, June 27-29, 2012, Capri, Italy from European Association of Agricultural Economists

Abstract: Three specifi c aspects of agricultural risk management are addressed 1. Recent developments in price volatility and yield risk 2. The role of policy: - Subsidized crop insurance with examples from the massive US program ($115 billion in liability in 2011) - The 2012 US Farm Bill, which is currently being debated in Congress (with disturbing developments) 3. review of recent research on developments in the empirical modeling of risk with a focus on revenue insurance (combining aspects of dependent yield and price risks)

Keywords: Agricultural and Food Policy; Risk and Uncertainty (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-rmg
Date: 2012-06
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