Keywords: Whole-farm risk
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Journal Articles
Agricultural Finance Review (2026) 86 (2): 105–127.
Published: 24 December 2025
... for a large sample of farms in Germany. Design/methodology/approach Historical simulation and a whole-farm risk approach are used to evaluate the hedging efficiency for 2,197 German farms over a 21-year study period. We use “adjusted farm profit” as a performance indicator and measure which relative...

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