{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/16852"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/16852","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Marketing and crop insurance: a portfolio approach to risk management for Illinois corn and soybean producers","abstract":"Little research has focused on understanding how crop insurance and preharvest pricing interact so as to reduce risk or increase returns more than either if used separately. Farm-level historical simulations from 1976 through 2008 were used to analyze several marketing strategies that use both preharvest pricing and revenue based crop insurance products for corn and soybean producers in four regions of Illinois. Results indicate preharvest pricing and revenue based crop insurance, when used together, can significantly reduce risk, and in some cases increase returns. Results also indicate mechanical (passive) preharvest pricing strategies outperform dynamic (active) preharvest pricing strategies by decreasing risk and in some cases increasing returns.","abstract_html":"Little research has focused on understanding how crop insurance and preharvest pricing interact so as to reduce risk or increase returns more than either if used separately. Farm-level historical simulations from 1976 through 2008 were used to analyze several marketing strategies that use both preharvest pricing and revenue based crop insurance products for corn and soybean producers in four regions of Illinois. Results indicate preharvest pricing and revenue based crop insurance, when used together, can significantly reduce risk, and in some cases increase returns. Results also indicate mechanical (passive) preharvest pricing strategies outperform dynamic (active) preharvest pricing strategies by decreasing risk and in some cases increasing returns.","abstract_has_math":false,"creators":["Schaffer, Brooks M."],"institution":"University of Illinois at Urbana-Champaign","degree_name":"M.S.","degree_level":"Thesis","degree_discipline":"Agr & Consumer Economics","degree_department":null,"school":null,"contributors":["Schnitkey, Gary D."],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2010,"date_issued":"2010-08-20T17:59:51Z","date_published":"2010-08-20T17:59:51Z","updated_at":"2026-07-22T22:25:09Z","subjects":["Crop Insurance","Marketing","Forward Pricing","Risk Management","Pricing Strategies"],"languages":["en"],"rights":["Copyright 2010 Brooks Schaffer"],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"http://hdl.handle.net/2142/16852","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Schnitkey, Gary D."]},{"key":"dc:creator","label":"Author","values":["Schaffer, Brooks M."]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2010-08-20T17:59:51Z","2010-08"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Agr & Consumer Economics"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Thesis"]},{"key":"thesis:degree_name","label":"Degree Name","values":["M.S."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Crop Insurance","Marketing","Forward Pricing","Risk Management","Pricing Strategies"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["en"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright 2010 Brooks Schaffer"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/16852"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["Little research has focused on understanding how crop insurance and preharvest pricing interact so as to reduce risk or increase returns more than either if used separately. Farm-level historical simulations from 1976 through 2008 were used to analyze several marketing strategies that use both preharvest pricing and revenue based crop insurance products for corn and soybean producers in four regions of Illinois. Results indicate preharvest pricing and revenue based crop insurance, when used together, can significantly reduce risk, and in some cases increase returns. Results also indicate mechanical (passive) preharvest pricing strategies outperform dynamic (active) preharvest pricing strategies by decreasing risk and in some cases increasing returns.","Item withdrawn by Mark Zulauf (zulauf@illinois.edu) on 2010-06-28T18:34:05Z Item was in collections: University of Illinois Theses & Dissertations (ID: 1) No. of bitstreams: 1 Schaffer_Brooks.pdf: 1158985 bytes, checksum: 9cd764112eeb279b96e294b89095fdb0 (MD5)","Made available in DSpace on 2010-08-20T17:59:51Z (GMT). No. of bitstreams: 2 Schaffer_Brooks.pdf: 1158985 bytes, checksum: 9cd764112eeb279b96e294b89095fdb0 (MD5) license.txt: 4065 bytes, checksum: 811258c95d74da8ada2207173ed2eb48 (MD5)"]},{"key":"dc:title","label":"Title","values":["Marketing and crop insurance: a portfolio approach to risk management for Illinois corn and soybean producers"]}]}],"canonical_facts":{"dc:contributor":["Schnitkey, Gary D."],"dc:creator":["Schaffer, Brooks M."],"dc:date":["2010-08-20T17:59:51Z","2010-08"],"dc:description":["Little research has focused on understanding how crop insurance and preharvest pricing interact so as to reduce risk or increase returns more than either if used separately. Farm-level historical simulations from 1976 through 2008 were used to analyze several marketing strategies that use both preharvest pricing and revenue based crop insurance products for corn and soybean producers in four regions of Illinois. Results indicate preharvest pricing and revenue based crop insurance, when used together, can significantly reduce risk, and in some cases increase returns. Results also indicate mechanical (passive) preharvest pricing strategies outperform dynamic (active) preharvest pricing strategies by decreasing risk and in some cases increasing returns.","Item withdrawn by Mark Zulauf (zulauf@illinois.edu) on 2010-06-28T18:34:05Z Item was in collections: University of Illinois Theses & Dissertations (ID: 1) No. of bitstreams: 1 Schaffer_Brooks.pdf: 1158985 bytes, checksum: 9cd764112eeb279b96e294b89095fdb0 (MD5)","Made available in DSpace on 2010-08-20T17:59:51Z (GMT). No. of bitstreams: 2 Schaffer_Brooks.pdf: 1158985 bytes, checksum: 9cd764112eeb279b96e294b89095fdb0 (MD5) license.txt: 4065 bytes, checksum: 811258c95d74da8ada2207173ed2eb48 (MD5)"],"dc:identifier":["http://hdl.handle.net/2142/16852"],"dc:language":["en"],"dc:rights":["Copyright 2010 Brooks Schaffer"],"dc:subject":["Crop Insurance","Marketing","Forward Pricing","Risk Management","Pricing Strategies"],"dc:title":["Marketing and crop insurance: a portfolio approach to risk management for Illinois corn and soybean producers"],"thesis:degree_discipline":["Agr & Consumer Economics"],"thesis:degree_level":["Thesis"],"thesis:degree_name":["M.S."],"thesis:institution_name":["University of Illinois at Urbana-Champaign"]},"updated_at":"2026-07-22T22:25:09Z"}