Crop enterprise diversification and specialty crops

Abstract

A set of crop alternatives ranging from traditional, low risk to less common and/or high risk crops is ranked according to their impact on overall risk using two measures. These two measures would aid cropping decisions by providing (1) a priori guidance on overall risk impact, and (2) a means to reduce the need for complex E‐V frontier estimation. Results suggest the number of crops that may depend on the riskiness of crop alternatives form which a producer chooses. Some reductions in necessary calculations for E‐V analysis are therefore suggested.

Citation

Popp, M. and Rudstrom, M. (2000), "Crop enterprise diversification and specialty crops", Agricultural Finance Review, Vol. 60 No. 1, pp. 85-98. https://doi.org/10.1108/00214710080001112