Cultivar Diversity as a Risk Management Strategy for Tree Crop Growers

Blank, Steven C.

from ARE Update Vol. 7, No. 6, July/Aug, 2004

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Abstract

Risk reduction through diversification across cultivars is evaluated. A case study of peach growers in California shows that cultivar diversity reduces both yield and revenue variability. As a result, the probability of falling below minimum-income requirements set using a safety-first model is reduced using this strategy.

Keywords

risk, reduction, diversity, cultivar, yield, revenue, variability, model, minimum-income, trade-off, management

Citation

Blank, Steven C. "Cultivar Diversity as a Risk Management Strategy for Tree Crop Growers." ARE Update 7(6)(2004):5-8. University of California Giannini Foundation of Agricultural Economics.
http://giannini.ucop.edu/publications/are-update/issues/2004/7/6/cultivar-diversity-as-a-r/