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Crop Producer Risk Management Survey: A Preliminary Summary Of Selected Data; A Report From The Understanding Farmer Risk Management Decision Making And Educational Needs Research Project

Author

Listed:
  • Coble, Keith H.
  • Knight, Thomas O.
  • Patrick, George F.
  • Baquet, Alan E.

Abstract

Changes in the risk environment and tools available to manage risk have resulted in an increased need for risk management skills among farmers and ranchers. In response the USDA initiated a risk management education competitive grants program in the spring of 1998. This is the first report from one of the grant-funded projects. The project's primary objective is to provide supporting research that will contribute to the design and implementation of effective risk management education programs, policies and tools. This report provides selected summary statistics, without analysis, from a survey of crop producers conducted as part of the first phase of the project. Over 1,800 usable producer responses from Mississippi, Texas, Indiana, and Nebraska are summarized. Major subject categories reported include: perceptions of various risks and the effectiveness of risk management tools; perceptions of farm policy alternatives; crop insurance participation; participation in and desire for risk management education; and use of pre- and post-harvest pricing techniques.

Suggested Citation

  • Coble, Keith H. & Knight, Thomas O. & Patrick, George F. & Baquet, Alan E., 1999. "Crop Producer Risk Management Survey: A Preliminary Summary Of Selected Data; A Report From The Understanding Farmer Risk Management Decision Making And Educational Needs Research Project," Information Reports 15805, Mississippi State University, Department of Agricultural Economics.
    • Handle: RePEc:ags:missir:15805
    DOI: 10.22004/ag.econ.15805
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    Cited by:

    1. Irwin, Scott H. & Good, Darrel L. & Martines-Filho, Joao Gomes & Jackson, Thomas E., 2000. "Do Agricultural Market Advisory Services Beat The Market? Evidence From The Corn And Soybean Markets Over 1995-1998," AgMAS Project Research Reports 14786, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.
    2. Joost M.E. Pennings & Scott H. Irwin & Darrel L. Good & Olga Isengildina, 2005. "Heterogeneity in the likelihood of market advisory service use by U.S. crop producers," Agribusiness, John Wiley & Sons, Ltd., vol. 21(1), pages 109-128.
    3. Coble, Keith H. & Zuniga, Manuel & Heifner, Richard, 2003. "Evaluation of the interaction of risk management tools for cotton and soybeans," Agricultural Systems, Elsevier, vol. 75(2-3), pages 323-340.
    4. Pennings, Joost M.E. & Good, Darrel L. & Irwin, Scott H. & Gomez, Jennifer K., 2001. "The Role Of Market Advisory Services In Crop Marketing And Risk Management: A Preliminary Report Of Survey Results," AgMAS Project Research Reports 14772, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics.
    5. Joost M.E. Pennings & Olga Isengildina-Massa & Scott H. Irwin & Philip Garcia & Darrel L. Good, 2008. "Producers' complex risk management choices," Agribusiness, John Wiley & Sons, Ltd., vol. 24(1), pages 31-54.

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    Keywords

    Risk and Uncertainty;

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