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French specialized durum wheat farmers are subject to market risks (price volatility), production risks (fluctuating quality and yields), and an increasingly restrictive regulatory environment (limits on inputs). The purpose of this paper is to gain a more in‐depth understanding of the strategies used by those farmers to manage these risks by analysing portfolio strategies in marketing methods and...
This article investigates the role played by both production and market risks on cash crop farmers’ decision to adopt long rotations considered as innovative cropping systems. We build a multi-period recursive farm model with Discrete Stochastic Programming. The model arbitrates each year between conventional and innovative, longer rotations. Yearly farming operations are declined according to a decision...
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