Evaluating the Effectiveness of Price and Yield Risk Management Products in Reducing Revenue Risk for Southeastern Crop Producers

Todd D. Davis

No 35577, 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas from Southern Agricultural Economics Association

Abstract: A non-parametric simulation model incorporating price and yield risk determined gross revenue less risk management costs for corn, cotton, and soybeans produced with and without irrigation. Risk management alternatives protecting price risk, yield risk, and combinations of price and yield were simulated. Combination strategies provided the greatest revenue risk reduction.

Keywords: Risk and Uncertainty (search for similar items in EconPapers)
Date: 2005

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