Agriculture Reference
In-Depth Information
Table 6.4
Yield variability and contract choice
South Dakota
Nebraska
1975-1991
1975-1991
Crop yield
Fraction of
Crop yield
Fraction of
coefficient
cropshare
coefficient
cropshare
Region/crop
of variation
contracts
of variation
contracts
ALFALFA (Irrigated)
0.035
0.51
BARLEY
0.139
0.91
CORN (Irrigated)
0.023
0.58
0.112
0.69
CORN (Dryland)
a
0.140
0.64
0.235
0.74
SOYBEANS
0.143
0.72
SOYBEANS (Irrigated)
0.085
0.67
SOYBEANS (Dryland)
0.168
0.76
OATS
0.191
0.59
0.155
0.80
SORGHUM
0.195
0.59
SORGHUM (Irrigated)
0.081
0.71
SORGHUM (Dryland)
0.145
0.83
BARLEY
0.238
0.53
WHEAT
0.247
0.61
0.114
0.86
Fraction of acres cropshared
Crop yield
a
Fraction of
coefficient
cropshare
Region/crop
of variation
contracts
Leased
All
Louisiana (1992)
MILO (Sorghum)
0.057
0.76
0.77
0.56
SUGARCANE
0.099
0.78
0.81
0.70
SOYBEANS
0.121
0.75
0.76
0.58
HAY
0.121
0.67
0.94
0.29
COTTON
0.197
0.53
0.52
0.30
WHEAT
0.207
0.76
0.78
0.59
RICE
0.278
0.68
0.76
0.61
CORN
0.293
0.62
0.41
0.37
British Columbia (1992)
ALFALFA 0.126 0.15 0.01 0.004
HAY 0.149 0.23 0.13 0.03
WHEAT 0.175 0.79 0.68 0.38
APPLES 0.184 0.66 0.77 0.16
OATS 0.212 0.43 0.38 0.05
BARLEY 0.216 0.58 0.85 0.17
CANOLA 0.250 0.25 0.05 0.00
CORN 0.270 0.20 0.36 0.04
a
For Louisiana, the data came from 1975-1991. For British Columbia, the data came from 1980-1991.
