New Advances in Risk Management of Niche Agricultural Products

"New Advances in Risk Management of Niche Agricultural Products" offers a comprehensive analysis of risk management strategies for the production of grass-fed beef in West Virginia, USA. The book highlights the challenges associated with production in this region and examines both traditional and innovative approaches to risk mitigation. Various tools are presented, including government-managed insurance as well as newer, market-oriented options like financial derivatives. The authors combine advanced statistical methods to assess the effectiveness of these strategies and discuss their implications for agricultural practice and policy. The findings are significant for academics, practitioners, and policymakers, contributing to the discussion on climate change adaptation in agriculture.