IDEAS home Printed from
   My bibliography  Save this article

Evaluation of risk management alternatives for indiana grain producers


  • Ana R. Rios
  • George F. Patrick


Crop insurance and pre-harvest pricing strategies were analyzed for “all years” and “years following a normal crop year” scenarios for the 1986 through 2001 period in three Indiana counties. Crop insurance products and early spring pre-harvest marketing generally had positive returns for producers. A large number of strategies provided higher mean revenues, higher 5 per cent values-at-risk, and higher certainty equivalents than the benchmark strategy. Although pre-harvest marketing strategies had the highest certainty equivalents in both scenarios, net farm revenues were lower and crop insurance combined with pre-harvest pricing were common among top-ranked strategies following normal crop years.

Suggested Citation

  • Ana R. Rios & George F. Patrick, 2007. "Evaluation of risk management alternatives for indiana grain producers," Agricultural Finance Review, Emerald Group Publishing, vol. 67(1), pages 157-173, May.
  • Handle: RePEc:eme:afrpps:v:67:y:2007:i:1:p:157-173

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers

    As the access to this document is restricted, you may want to search for a different version of it.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:afrpps:v:67:y:2007:i:1:p:157-173. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Virginia Chapman). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.