Intertemporal Risk Management Decisions of Farmers under Preference, Market, and Policy Dynamics



Figure 1. Historical Soft White Wheat Yields in Whitman and Grant (1972-2003)


Unit: Bushel/Acre
90

80

70

60

50

40

30

λS5 Λ √Λ∙
# А

Grant Yield

-Whitman Yield     ∏                                       ʌ

√o z% ςΛ √T, ςΛv A A A A A A A, A A A A
.A 4A A3 A3 A3 A3 √⅞, 4Φ A- A- A- A- ^A „А „А „А
>>>>>>>>>>>>>> >>




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