Browsing by Author "Fuller, Kate B."

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Genetic Engineering and Risk in the Varietal Selection of Potatoes
(2018-02) Fuller, Kate B.; Brester, Gary W.; Boland, Michael A.
The objective of this case study is to examine the farm management decision of whether to adopt a new, genetically engineered potato variety. We describe the potato supply chain from seed production to final consumer products and explore how price and production risk interact to influence decision making at each link in that chain. We provide extensive supplemental material as well, including a teaching note with assignment and/or discussion questions, an introduction to and application of stakeholder theory, and a tool that assists students in calculating expected and simulated actual returns from their choice of potato variety.
New Programs in the 2014 Farm Bill: Price Loss Coverage, Agricultural Risk Coverage and the Supplementary Coverage Options for Montana Farms and Ranches
(2014-10) Fuller, Kate B.; Smith, Vincent H.; Haynes, George W.
The 2014 Agricultural Act was signed into law on February 17, 2014 by President Obama. The Act, widely referred to as the 2014 farm bill, introduces major changes in many aspects of U.S. farm programs that have important implications for farm owners and farm managers in Montana. Under the provisions of the 2014 farm bill, several long- standing farm programs related to farmers’ risk management, which have been widely used by Montana farmers and ranchers, have been terminated or are being phased out, while several new programs have been introduced.