Farmers face increasing price and output risk. The increased price risk stems from the reduction in and eventual elimination of flexible government payments, increased volatility in grain purchases by importing countries and virtual worldwide elimination of grain reserves. Increased output risk comes from changing weather patterns and elimination of government constraints on acres planted in certain crops.
Baumel, C. Phillip
"Transportation Changes Increase Risks for Country Elevators,"
Iowa Ag Review: Vol. 3
, Article 8.
Available at: http://lib.dr.iastate.edu/iowaagreview/vol3/iss1/8