Wheat Variety Selection to Maximize Returns and Minimize Risk: An Application of Portfolio Theory

This research shows that a portfolio of wheat varieties could enhance profitability and reduce risk over the selection of a single variety for Kansas wheat producers. Many Kansas wheat farmers select varieties solely based on published average yields. This study uses portfolio theory from business investment analysis to find the optimal, yield-maximizing and risk-minimizing combination of wheat varieties in Kansas.


Issue Date:
2010-02
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/57152
Published in:
Journal of Agricultural and Applied Economics, Volume 42, Number 1
Page range:
39-55
Total Pages:
17
JEL Codes:
Q12; Q16




 Record created 2017-04-01, last modified 2017-08-25

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