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Financial and Risk Management Assistance: Decision Support for Agriculture

Author

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  • Klose, Steven L.
  • Outlaw, Joe L.

Abstract

The Financial and Risk Management (FARM) Assistance program created by Texas Cooperative Extension is a strategic analysis service offered to farmers and ranchers in Texas. The program serves as an example of large-scale, focused programming by extension agencies, as well as the implementation of technical stochastic simulation methods for use on the farm.
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Suggested Citation

  • Klose, Steven L. & Outlaw, Joe L., 2005. "Financial and Risk Management Assistance: Decision Support for Agriculture," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(02), pages 415-423, August.
  • Handle: RePEc:cup:jagaec:v:37:y:2005:i:02:p:415-423_00
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    File URL: http://journals.cambridge.org/abstract_S107407080000688X
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    References listed on IDEAS

    as
    1. Richardson, James W. & Klose, Steven L. & Gray, Allan W., 2000. "An Applied Procedure For Estimating And Simulating Multivariate Empirical (Mve) Probability Distributions In Farm-Level Risk Assessment And Policy Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(02), August.
    2. repec:ags:joaaec:v:32:y:2000:i:2:p:299-315 is not listed on IDEAS
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    Citations

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    Cited by:

    1. Gueck, Nicole & Klose, Steven L. & Jones, DeDe & Yates, Jay, 2010. "Examining Share Lease Arrangements for Grain Operations in the Texas Panhandle Under Changing Market Conditions," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers.
    2. Fumasi, Roland J. & Klose, Steven L. & Kaase, Greg H. & Richardson, James W. & Outlaw, Joe L., 2008. "Viability of cellulosic feedstock production from producer to biorefinery," Transition to a Bio Economy Conferences, Integration of Agricultural and Energy Systems Conference, February 12-13, 2008, Atlanta, Georgia 48716, Farm Foundation.
    3. Hutchings, Timothy R. & Nordblom, Thomas L., 2011. "A financial analysis of the effect of the mix of crop and sheep enterprises on the risk profile of dryland farms in south-eastern Australia," AFBM Journal, Australasian Farm Business Management Network, vol. 8(1).
    4. Jones, DeDe & Gueck, Nicole & Warminski, Patrick L., 2009. "An Analysis of the EQIP program for Lesser Prairie Chickens in the Northern Texas Panhandle," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46544, Southern Agricultural Economics Association.
    5. Hutchings, T.R., 2013. "Financial risk on dryland farms in south-eastern Australia," Dissertations-Doctoral 204434, AgEcon Search.
    6. Young, Mac & Kaase, Greg H. & Klose, Steven L. & Paschal, Joe C. & Hanselka, Wayne, 2007. "Long Term Financial Impacts of Drought Management Strategies," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34903, Southern Agricultural Economics Association.

    More about this item

    JEL classification:

    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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