Barham, E. Hart Bise; Robinson, John R.C.; Richardson, … - In: Journal of Agricultural and Applied Economics 43 (2011) 04
This study focuses on managing cotton production and marketing risks using combinations of irrigation levels, put … options (as price insurance), and crop insurance. Stochastic cotton yields and prices are used to simulate a whole …-farm financial statement for a 1,000 acre furrow irrigated cotton farm in the Texas Lower Rio Grande Valley under 16 combinations of …