Evaluation of Risk Management Methods for Satsuma Mandarin

Simulation of production budgets were used to compare net discounted returns and the distribution of returns under alternative risk-mitigation scenarios. Results indicate that the combination of freeze protection and crop insurance increases expected net discounted 20-year returns while decreasing the downside risk. Break-even prices ranged from $.257 to $.289 per pound. Crop insurance returns were constant across price.


Issue Date:
2009
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/46754
Total Pages:
21
JEL Codes:
C63; D81; Q12




 Record created 2017-04-01, last modified 2017-08-25

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