Information as aided factor of price risk management in agriculture

• Main Authors: Magdalena Śmiglak-Krajewska, Anna Zielińska
• Format: Article
• Language: English
• Published: University of Life Sciences in Poznań 2009-01-01
• Series: Journal of Agribusiness and Rural Development
• Subjects: market information; risk management; quality standards; price; derivatives
• Online Access: http://www.jard.edu.pl/tom11/zeszyt1/art_17.pdf

The main goal of this paper was to examine the role of information, especially information of the price risk management methods among Polish farmers in the Wielkopolska Region. Primary data, in a form of a survey, was collected from 280 individual farms and 66 selected State Treasury Farms. Research was carried out in 2004-2005 in the Wielkopolska Region. Specific requirements were followed: a) arable land up, b) market scale production. The examined individual farms and State Treasury Farms were divided into three size groups: I, II, III. The results showed that Polish farmers have little knowledge of price risk management methods and their tools to protect themselves against price risk.