Recognizing risk in global agriculture: a summary of the 2011 Agricultural Symposium

Jason Henderson

Economic Review, 2011, vol. 96, issue Q III, 110 pages

Abstract: Historically, record profits in the agriculture industry have been fleeting - farm booms have been followed by busts. Recent profitability suggests agriculture has entered a new \\"golden era.\\" Still the glint of banner profits could turn out to be fool's gold amid soaring market risks and volatile commodity prices. ; Henderson reports on the Federal Reserve Bank of Kansas City's agriculture symposium- \\"Recognizing Risk in Global Agriculture\\"-July 19 and 20, 2011, in Kansas City. About 200 agricultural finance and business leaders examined the threats to agriculture's ability to maintain its recent profitability. ; Participants discussed risks agriculture faces in regard to food and fuel, the industry's ability to weather unexpected downturns in profits, and how to manage risk in a volatile environment. Despite elevated risks, participants were cautiously optimistic the industry can avoid a repeat of its history by applying what has been learned from past cycles of boom and bust.

Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.kansascityfed.org/documents/1104/Recog ... ral_SymposiumE36.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedker:y:2011:i:qiii:p:101-110:n:v.96no.3

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Review from Federal Reserve Bank of Kansas City Contact information at EDIRC.
Bibliographic data for series maintained by Zach Kastens ().