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Title: Hog Producers' Risk Management Attitudes and Desire for Additional Risk Management Education
Authors: Patrick, George F.
Peiter, Amy J.
Knight, Thomas O.
Coble, Keith H.
Baquet, Alan E.
Keywords: financial management
futures and options
packer marketing contracts
production contracts
risk attitudes
risk management
JEL Codes: D81
Issue Date: 2007-12
Abstract: 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, and financial management.
Institution/Association: Journal of Agricultural and Applied Economics>Volume 39, Number 03, December 2007
Total Pages: 17
From Page: 671
To Page: 687
Collections:Volume 39, Number 03, December 2007

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