The Effectiveness of Dairy Risk Management at Managing Income, Revenue, and Margin Risk

Brian K. Herbst, David Anderson, Joe Outlaw and James Richardson ()

No 98833, 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas from Southern Agricultural Economics Association

Abstract: With the 2009 milk prices still fresh on everyone’s mind, there has been increased interest in ways to limit milk price volatility. Using SERF, this paper determined some dairies are willing to pay for limited milk price volatility and found a value they are willing to pay using risk premiums.

Keywords: Agricultural and Food Policy; Farm Management (search for similar items in EconPapers)
Pages: 15
Date: 2011
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea11:98833

DOI: 10.22004/ag.econ.98833

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