publication . Article . 2007

Hog Producers' Risk Management Attitudes and Desire for Additional Risk Management Education

George F. Patrick; Amy J. Peiter; Thomas O. Knight; Keith H. Coble; Alan E. Baquet;
Open Access
  • Published: 01 Jan 2007 Journal: Journal of Agricultural and Applied Economics, volume 39, pages 671-687 (issn: 1074-0708, eissn: 2056-7405, Copyright policy)
  • Publisher: Cambridge University Press (CUP)
Abstract
<jats:p>Hog producers in Indiana and Nebraska were surveyed about sources of risk, effectiveness of risk management strategies, and prior participation in and desire for additional risk management education. Ownership of hogs by the producer, size of the operation, and age did have significant effects on ratings of both sources of risk and effectiveness of risk management strategies. Probit analysis found age, prior attendance, knowledge and prior use of the tool, level of integration, and concern about price and performance risk have significant effects on interest in further education about production contracts, futures and options, packer marketing contracts,...
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Subjects
Medical Subject Headings: health care economics and organizations
free text keywords: Agricultural and Biological Sciences (miscellaneous), Economics and Econometrics, financial management, futures and options, packer marketing contracts, production contracts, risk attitudes, risk management, D81, D83, Q12, Q16,, Enterprise risk management, Marketing, Risk management, business.industry, business, Financial management, Attendance, Futures contract, IT risk management, Economics, Financial risk management, Financial risk
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