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.
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
Recommended Citation
Misra, Ashok K. and Lence, Sergio H., "Risk management by farmers, agribusinesses, and lenders" (2010). Economics Publications. 37.
https://lib.dr.iastate.edu/econ_las_pubs/37
Comments
This article is from Agricultural Finance Review 65 (2005): 131, doi:10.1108/00214660580001169. Posted with permission.