scholarly journals INDEX-BASED MARGIN INSURANCE IN AGRICULTURE – ON THE EXAMPLE OF WHEAT PRODUCTION IN AUSTRIA

2017 ◽  
Vol 352 (3) ◽  
pp. 133-145
Author(s):  
Franz Sinabell ◽  
Thomas Url ◽  
Karin Heinschink
Keyword(s):  
Wheat Production ◽  
Margin Insurance

Addressing basis risk in agricultural margin insurances

2018 ◽  
Vol 78 (2) ◽  
pp. 233-245 ◽  
Author(s):  
Thomas Url ◽  
Franz Sinabell ◽  
Karin Heinschink
Keyword(s):  
Risk Mitigation ◽  
Income Risk ◽  
Basis Risk ◽  
Content Type ◽  
Wheat Production ◽  
Legal Implications ◽  
The Usa ◽  
Margin Insurance ◽  
The Eu

Purpose After several reforms of the common agricultural policy, domestic product prices and farm incomes have become more volatile in the EU. Risk-averse farmers are therefore seeking income stabilizing measures. Margin insurance is among the feasible options but is not yet established in the EU. The purpose of this paper is to explore such an insurance under EU conditions for a major crop. Design/methodology/approach The paper explores conditions for a viable margin insurance. It presents a modeled-loss trigger for a margin insurance scheme using wheat production in Austria as the case study. Findings While margin insurance products are widely used in the USA, such products are not available in the EU. Basis risk seems to be an important reason. An exploration of wheat production in Austria shows that heterogeneity among farms is relevant. The authors demonstrate an approach aiming to lower basis risks. Research limitations/implications This paper presents a technically feasible approach to handle the basis risk of a margin insurance under EU conditions. Before such a product can be placed on the market, further research on systemic risk is needed. Market research is necessary to fine-tune the details of the product to meet the actual demand of farmers. Further empirical validation of the modeled losses is needed. Legal implications are not explored in this paper. Practical implications The insurance product presented here demonstrates a concept that is established in the USA under EU conditions. It is motivated by several shortcomings of income risk mitigation approaches in the EU. Social implications Income risk may be seen as a problem of social policy. The approach shows that it can be addressed by market-oriented instruments. Originality/value To the authors’ knowledge, this paper is the first to propose a tool to handle basis risk for margin insurance products in agriculture in the EU. A special feature of the proposed approach is that it is not limited to a single product such as wheat.

ANALISIS DAYA SAING DAN STRATEGI PENGEMBANGAN AGRIBISNIS GANDUM LOKAL DI INDONESIA

2013 ◽  
Vol 1 (1) ◽  
pp. 9
Author(s):  
Lukman Muhammad Baga ◽  
Agnes A. D. Puspita
Keyword(s):  
Swot Analysis ◽  
Food Product ◽  
Development Strategies ◽  
Alternative Food ◽  
Staple Food ◽  
Competitive Position ◽  
Wheat Production ◽  
Indonesian Government ◽  
High Carbohydrate ◽  
Developing Strategies

<em>Wheat is an alternative food product that contains high carbohydrate, which is currently consumed by many Indonesian people in order to substitute their staple food of rice.  However, Indonesia must import large amount of this product, and during the last decade the imported volume has dramatically increased.  In 2008 the imported wheat reached 4.9 million tons. Since 2001, Indonesian Government has developed domestic wheat agribusiness which aimed to establish industrial villages of domestic wheat production.  However, due to some obstacles, the program is not successful yet. Therefore, it is needed to study the competitive position of wheat agribusiness in Indonesia.  The study’s objectives are (1) to portrait the current domestic wheat agribusiness in Indonesia, (2) to analyze the domestic wheat competitive position, and (3) to formulate strategy for developing domestic wheat agribusiness in Indonesia as an effort to fulfill some part of domestic wheat demand and to build industrial villages of wheat production. The study was conducted in 2009. Data have been analyzed by using the frame of Porter’s Diamond Theory in order to find out the competitive position of Indonesian domestic wheat agribusiness.  Afterwards, SWOT analysis is used to investigate internal strengths and weaknesses as well as external opportunities and threats of Indonesian wheat agribusiness in order to formulate the developing strategies. Finally, the approach of strategic architecture is used to arrange the formulated strategies where it can be easier to get the picture. The conclusion of Porter’s Diamond analysis showed that each subsystems of domestic wheat agribusiness in Indonesia still do not support one to another, therefore, its competitiveness becomes weak. In order to strengthen its competitiveness, domestic wheat agribusiness needs to be developed more properly by paying attention to development strategies which have been consciously formulated and put in mapping of strategic architecture.</em>

Diagnosing wheat production problems

1989 ◽  
Vol 18 (2) ◽  
pp. 111-114
Author(s):  
J. P. Shroyer ◽  
H. L. Brooks ◽  
D. A. Whitney ◽  
E. B. Nilson ◽  
W. G. Willis ◽  
...  
Keyword(s):  
Wheat Production ◽  
Production Problems

Spatial Variability of Rainfed Wheat Production Under the Influence of Topography and Soil Properties in Loess-Derived Soils, Northern Iran

2020 ◽  
Vol 14 (4) ◽  
pp. 597-608
Author(s):  
Mohammad Ajami ◽  
Ahmad Heidari ◽  
Farhad Khormali ◽  
Mojtaba Zeraatpisheh ◽  
Manouchehr Gorji ◽  
...  
Keyword(s):  
Spatial Variability ◽  
Soil Properties ◽  
Northern Iran ◽  
Wheat Production ◽  
Rainfed Wheat
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