Perception and risk management strategies for ranchers and their determinants: a case study from Turkey

Hayran, Seyit; Külekçi, Murak; Gül, Aykut

doi:10.1590/0103-8478cr20200456

Cited by 2 publications

(1 citation statement)

References 21 publications

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“…Hayran et al. ( 2021 ) assessed cattle farmers’ perceptions regarding risk, risk management strategies, and their determinants using partial least squares regression and factor analyses. The results suggest that feed price variability, insufficient farm income, and government policies that contain uncertainties are perceived as the most significant risks.…”

Section: Resultsmentioning

confidence: 99%

Parameters that Motivate Table Olive Farmers To Buy Agricultural Insurance: The Case of Western Turkey

2022

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Defining components that affect agricultural insurance contract decisions is indispensable to the sustainability of table olive cultivation in the region. The Akhisar district is located within the borders of Manisa province, a region in Turkey in which traditional, and the most famous, table olive varieties are grown. This study explores parameters that predict the decisions of farmers in this district to purchase agricultural insurance and identifies perceptions of agricultural insurance in the region. A survey was conducted among 121 purposefully selected farmers. Some farmers’ sociodemographic characteristics and their households were identified using basic descriptive statistics, such as arithmetic means and percentage rates, and factors that affect farmers’ decisions to buy agricultural insurance were defined using binary logistic regression. Although table olive farmers could insure their products against risk by buying full hail and frost packages within the scope of crop insurance, the desired success with agricultural insurance has not been achieved. Although the agricultural insurance that covers farmers who grow table olives remains insufficient, it still plays a role in patterns of agricultural production in the region, results in greater income than other agricultural products, and contributes to the government’s premiums for agricultural insurance. Future studies should expand insurance practices to improve farmers’ perceptions of agricultural insurance, especially regarding drought yield insurance for perennial fruit trees, including table olives.

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Section: Resultsmentioning

confidence: 99%

Parameters that Motivate Table Olive Farmers To Buy Agricultural Insurance: The Case of Western Turkey

2022

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Volatility in Live Calf, Live Sheep, and Feed Wheat Return Markets: A Threat to Food Price Stability in Turkey

Urak¹,

Bilgiç

Bozma

et al. 2022

Agriculture

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The volatility of meat prices affects the accessibility and even food security of some consumers in Turkey. This study analyses the prices of selected livestock and a major feed component, wheat, as well as the exchange rate of the domestic currency in Turkey because imports augmented the domestic live calf and sheep supply. The analysis applies 470 price observations from January 2005 to October 2019 for each of the following price series: live calf, live sheep, feed wheat, and exchange rate of Turkish lira to US dollar. The series are analyzed by using the VAR-Asymmetric BEKK-GARCH technique. The results show that the elicited conditional variances of the return series were significantly affected by both short-term shocks and shocks across the return series. The uncertainties in the live calf, live sheep, and feed wheat markets were affected by both long-term volatilities and long-term swings in their own and the other markets, but their own market-induced effects were stronger. Similarly, the conditional variances of the returns of live calves, live sheep, and feed wheat were significantly affected by the rapid price ascent in the exchange rate and the periods of livestock imports as compared to the periods when imports were absent. The unfavorable news exerted particularly negative effects on persistent volatility in markets. Additionally, the live sheep market faced greater risks than the live calf or wheat markets and was greatly affected by the limited domestic sheep supply. Results provide knowledge useful in augmenting policy, assuring sustained accessibility to animal protein in Turkey and eliminating food insecurity.

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Perception and risk management strategies for ranchers and their determinants: a case study from Turkey

Cited by 2 publications

References 21 publications

Parameters that Motivate Table Olive Farmers To Buy Agricultural Insurance: The Case of Western Turkey

Parameters that Motivate Table Olive Farmers To Buy Agricultural Insurance: The Case of Western Turkey

Volatility in Live Calf, Live Sheep, and Feed Wheat Return Markets: A Threat to Food Price Stability in Turkey

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