@article{Barkley:37597, recid = {37597}, author = {Barkley, Andrew P. and Peterson, Hikaru Hanawa}, title = {Wheat Variety Selection: An Application of Portfolio Theory to Improve Returns}, address = {2008}, number = {1314-2016-102663}, series = {2008 NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management}, pages = {17}, year = {2008}, abstract = {This presentation will report results of research that shows that a portfolio of wheat varieties can enhance profitability and reduce risk over the selection of a single variety. Many Kansas wheat farmers select varieties based on average yield. This study uses portfolio theory from business investment analysis to find the optimal, profit-maximizing and risk-minimizing combination of wheat varieties in Kansas.}, url = {http://ageconsearch.umn.edu/record/37597}, doi = {https://doi.org/10.22004/ag.econ.37597}, }