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Jackson, Elizabeth; Quaddus, Mohammed; Islam, Nazrul; Stanton, John – Rural Sociology, 2009
The highly volatile auction system in Australia accounts for 85 percent of ex-farm wool sales, with the remainder sold by forward contract, futures, and other hedging methods. In this article, against the background of an extensive literature on price risk strategies, we investigate the behavioral factors associated with producers' adoption of…
Descriptors: Risk Management, Foreign Countries, Focus Groups, Agricultural Production