Area Crop Insurance: Pasture, Rangeland, and Forage Insurance

James Mitchell and Hunter D Biram ( November, 2023 )

Summary

The types of risks that most agricultural producers are subject to can be classified as price and production risks. Price risk refers to the many different potential scenarios where realized prices differ from price expectations. Similarly, production risk refers to the many different potential scenarios where realized output differs from expected output. Producers need to develop risk management plans that fit the needs and objectives of their operations to cope with both types of risk.

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Details

Publisher

University of Arkansas System Division of Agriculture

Publication Views

20

Material Type

Written Material

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