@article{Assefa:210965,
      recid = {210965},
      author = {Assefa, Tsion and Lansink, Alfons G.J.M. and Meuwissen,  Miranda},
      title = {Does price volatility matter? An assessment along EU food  chains},
      address = {2015},
      number = {1008-2016-80307},
      pages = {26},
      year = {2015},
      abstract = {Agricultural prices in European food markets have become  substantially more volatile over the past decade thereby  exposing agribusinesses to risk and uncertainty. How food  chain actors perceive and manage the risk from price  volatility remained unexplored so far. We interviewed  farmers, wholesalers, processors and retailers in six  European food supply chains on their price volatility  perceptions and management strategies. Contrary to common  belief, findings show that price volatility matters not  only to farmers but to all food chain actors. Actors  perceive a more than 15% deviation of prices from their  expected levels as price volatility. We further show that  three factors determine whether price volatility is  perceived as risky: the persistence, the reason and the  direction of price deviations. Price volatility management  strategies in EU food chains are very diverse and well  beyond futures and forward contracts. The scope for policy  interventions is identified based on strategy gaps  identified in the chains.},
      url = {http://ageconsearch.umn.edu/record/210965},
      doi = {https://doi.org/10.22004/ag.econ.210965},
}