Methods of Evaluating Agrometeorological Risks and Uncertainties for Estimating Global Agricultural Supply and Demand

Abstract

The global food and fiber system — from the producer to the final consumer — is subject to a wide range of risks and uncertainties. Extensive research has been published in the fields of Economics and Agricultural Economics on every aspect of risk and uncertainty as it relates to agriculture, ranging from theoretical to highlyapplied. Within the realm of applied research, much of the effort has been to provide producers with a framework for managing risk