Evaluating Use of Outlook Information in Grain Sorghum Storage Decisions

Rister, R and M. Edward, Skees and Jerry, R Black and Roy, J (1984) Evaluating Use of Outlook Information in Grain Sorghum Storage Decisions. Southern journal of Agricultural Economics, 16 (01). pp. 151-158.

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Abstract

This study examines grain sorghum storage decisions in the Texas Coastal Bend region. Decisions involving use and non-use of outlook information are compared using stochastic dominance criteria. Results indicate outlook information is of value to most classes of decision-makers. The value of outlook information, however, is contingent upon producers' risk preferences. The methodology presented could be used to evaluate a more extensive set of marketing strategies for grain sorghum as well as for other crops.

Item Type: Article
Author Affiliation: Texas A&M University,University of KentuckyMichigan State University
Subjects: Postharvest Management
Divisions: Sorghum
Depositing User: Library ICRISAT-InfoSAT
Date Deposited: 28 Mar 2012 06:42
Last Modified: 28 Mar 2012 06:43
URI: http://eprints.icrisat.ac.in/id/eprint/4266

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