Simulated Western Kentucky Grain Farm Cash Flows, Working Capital Erosion, and Evaluation of Risk Management Tools to Manage these Risks
Davis, Todd; Mark, Tyler; Shepherd, Jonathan
2017

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Abstract

A stochastic simulation model is used to evaluate the profitability and liquidity of a low cost / low debt and high cost / high debt Western Kentucky corn-soybean farm over a five-year period. The model evaluates the effectiveness of crop insurance, government programs, and cash-forward contracts risk management tools and the impact on liquidity and profitability.

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Title Simulated Western Kentucky Grain Farm Cash Flows, Working Capital Erosion, and Evaluation of Risk Management Tools to Manage these Risks
Keywords
Author(s) Davis, Todd
Mark, Tyler
Shepherd, Jonathan
Subject(s)
Issue Date 2017
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.252745
Record Identifier https://ageconsearch.umn.edu/record/252745
PURL Identifier http://purl.umn.edu/252745
Language English
Total Pages 22
JEL Codes Q
Record Appears in Southern Agricultural Economics Association (SAEA) > 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama

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