THE RAINFALL INDEX ANNUAL FORAGE PILOT PROGRAM AS A RISK MANAGEMENT TOOL FOR COOL-SEASON FORAGE-Reference-Cited by-同舟云学术

THE RAINFALL INDEX ANNUAL FORAGE PILOT PROGRAM AS A RISK MANAGEMENT TOOL FOR COOL-SEASON FORAGE

Published:2016-02 Issue:1 Volume:48 Page:29-51
ISSN:1074-0708
Container-title:Journal of Agricultural and Applied Economics
language:en
Short-container-title:J. Agric. Appl. Econ.

Author:

MAPLES JOSHUA G.,BRORSEN B. WADE,BIERMACHER JON T.

Abstract

AbstractThe recently implemented Rainfall Index Annual Forage pilot program aims to provide risk coverage for annual forage producers in select states through the use of area rainfall indices as a proxy for yield. This article utilizes unique data from a long-term study of annual ryegrass production with rainfall recorded at the site to determine whether the use of rainfall indices provides adequate coverage for annual forage growers. The rainfall index is highly correlated with actual rainfall. However, it does not provide much yield loss risk protection for our cool-season forage data.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Agricultural and Biological Sciences (miscellaneous)

Reference35 articles.

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2. AgForce, Grazing Management Systems, U.S. Department of Agriculture, Risk Management Agency (AF, GMS, and RMA). “Annual Forage Grid Locator.” Internet site: http://maps.agforceusa.com/af/ri/ (Accessed October 1, 2014).

3. Long-Term Rye-Wheat-Ryegrass Forage Yields as Affected by Rate and Date of Applied Nitrogen

4. Mesonet. “Mesonet Rainfall by Month Table, Burneyville, OK.” Internet site: https://www.mesonet.org/index.php/weather/monthly_rainfall_table (Accessed October 1, 2014).

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