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Breakout Sessions
worth might make short term income variability
much less risky
• … Risk-neutral—people maximize income without
considering risk
– … willing to give up some
income to reduce risk
– Risk-loving—people …
November 2, 2023
Meat Demand Research Studies
0.501 0.500
Household Income Inc$150k Greater than $150,000 …
Major Dryland Crops (Corn Wheat Soybeans Grain Sorghum)
Soybeans
$
/
Misc. Income Crop Insurance Government …
Alfalfa
2007 2008 2009 2010
Misc. Income Crop Insurance Government …
Alfalfa
2006 2007 2008 2009
Misc. Income Crop Insurance Government …
Major Crops (Corn Wheat Soybeans Grain Sorghum)
Soybeans
$
/
Misc. Income Crop Insurance Government …
Major Crops (Corn Wheat Soybeans Grain Sorghum)
B
u
s
h
e
l
Misc. Income Crop Insurance Government …
Alfalfa
Payments Crop Insurance
Misc. Income Average Price, 2000-2007 …
Family Living
Family Size
4.2 2.0 2.9
Income
Misc TaxableIncome
14,093 17,122 14,654
Wages
16,873 … 6,387
Dividends/Interest
154 1,153 849
Non-Taxable Income
7,672 15,176 12,487
Non-Deductible …