The Relationship Between Price Risk Management Tools and Off-Farm Income
Blank, Steven C
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.
risk, California, output, price, hedging, off-farm
Blank, Steven C. 2005. "The Relationship Between Price Risk Management Tools and Off-Farm Income." ARE Update 8(6): 8-11. University of California Giannini Foundation of Agricultural Economics.