The Relationship Between Price Risk Management Tools and Off-Farm Income

Blank, Steven C

from ARE Update Vol. 8, No. 6, July/August, 2005

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Abstract

California's agricultural producers indicate in surveys that the source of risk most important to them is “output price risk,” but the level of use of price risk management tools is very low. Results indicate that farmers may be substituting off-farm income in place of price risk management strategies.

Keywords

risk, California, output, price, hedging, off-farm

Citation

Blank, Steven C. "The Relationship Between Price Risk Management Tools and Off-Farm Income." ARE Update 8(6)(2005):8-11. University of California Giannini Foundation of Agricultural Economics.
http://giannini.ucop.edu/publications/are-update/issues/2005/8/6/the-relationship-between/