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One of the most fundamental and traditional risk management tools available to agricultural producers is a savings account. Cash reserves in savings provide a safety net for producers, allowing financial obligations and living expenses to be met when unexpected shortfalls in income occur. Crop...
Persistent link: https://www.econbiz.de/10008922453
Higher commodity price expectations have led to increases in cash lease rates nationwide. This study evaluates the farm level impacts of higher cash lease rates. Current levels of cash rents along with land tenure arrangements of specific farms are instrumental in determining the impacts of...
Persistent link: https://www.econbiz.de/10005807539
This study evaluates the farm level economic impacts of implementing a whole farm revenue insurance program in lieu of current government program payments on agricultural producers in major production areas of the United States. Realizing a multitude of viable options exist, this study...
Persistent link: https://www.econbiz.de/10008922614
Persistent link: https://www.econbiz.de/10008922695
The 1996 and 2002 farm bills moved government support toward decoupled tools rather than support coupled to production and/or prices. This paper analyzes whether areas with more production risk would prefer decoupled or coupled support. The results indicate areas with more yield risk would...
Persistent link: https://www.econbiz.de/10005803100