Campus Units

Economics

Document Type

Article

Publication Version

Published Version

Publication Date

2010

Journal or Book Title

Agricultural Finance Review

Volume

65

Issue

2

First Page or Article ID Number

131

Last Page

148

DOI

10.1108/00214660580001169

Abstract

Producers and lenders seek to avoid agricultural production‐related risks through various managerial and institutional mechanisms. For individual farmers and agribusinesses, risk management involves choosing among alternatives for reducing the effects of risk on the firm, thereby affecting the firm’s welfare position. Risk management often requires the evaluation of tradeoffs between changes in risk, expected returns, entrepreneurial freedom, and other factors. Research on risk management issues in agriculture has been among the main topics of interest of the Regional Research Committee for Financing Agriculture in a Changing Environment: Macro, Market, Policy, and Management Issues, and its predecessors. This paper reviews and summarizes much of the Committee’s work and provides a discussion of related topics of interest for prospective future research.

Comments

This article is from Agricultural Finance Review 65 (2005): 131, doi:10.1108/00214660580001169. Posted with permission.

Rights

Works produced by employees of the U.S. Government as part of their official duties are not copyrighted within the U.S. The content of this document is not copyrighted.

Language

en

File Format

application/pdf

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