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A Note on Alternative Market and Governmental Risk Transference Mechanisms

Published online by Cambridge University Press:  05 September 2016

Paul L. Fackler
Paul L. Fackler*
Affiliation:
North Carolina State University
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Abstract

The major mechanisms for the transference of price and output risk by crop producers are examined. These include the use of futures and options contracts, government price-support and deficiency-payments programs, and crop insurance. Iso-revenue curves are used to highlight the distinctions between these alternatives.

Keywords

futures contractsoptions contractsprice-support programsdeficiency-payment programscrop insuranceagricultural policy
Type
Notes
Information
Journal of Agricultural and Applied Economics , Volume 21 , Issue 2 , December 1989 , pp. 203 - 209
Copyright
Copyright © Southern Agricultural Economics Association 1989

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References

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