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This paper studies the selection of optimal crop insurance under climate variability and fluctuating market prices. A model was designed to minimize farmers’ expected losses (including insurance costs) while using the conditional-value-at-risk measure to acquire the risk-aversion level. The application of the model was illustrated by studying a farm with two crops (cotton and peanut) in Jackson County, Florida. The climate variability was caused by ENSO phenomenon. Crop-insurance contracts with minimized losses were 75% actual production history (APH) during El Niño and neutral years and 65% APH during La Niña years for peanut and 75% APH in all ENSO phases for cotton. In addition, risk-averse farmers could select 75% APH for peanut during La Niña years as a means of attaining less expected loss. [ABSTRACT FROM AUTHOR]

Abstract: Dairies are challenged to comply with stricter environmental regulations and remain economically viable. This paper studies the potential use of ENSO-based climate forecasts to reduce N leaching without reducing profits on North Florida dairies. A model was created to perform the analyses, the Dynamic North Florida Dairy Farm Model (DyNoFlo). DyNoFlo is an integrated dynamic model that incorporates Markov-chain simulation of cow flows and crop model simulations for historical climatic years (El Niño, La Niña, and Neutral years). It also includes optimization of managerial options. It responds to dairy-specific environment (climate and soils) and management (livestock management, waste management, crop systems management). The DyNoFlo model was designed to be a tool for producers, regulatory agencies, and extension services in addition to a research tool. Analyzing a typical North Florida dairy farm, it was found that N leaching was highest during winter El Niño years. Sandy soils were substantially more prone to leach N, and perennial grasses were better to prevent N leaching. The typical farm could decrease N leaching up to 23% in an El Niño year and still maintain profit by adjusting protein in the diet, confinement time for milking cows, and combining perennial grasses and forages in pastures and sprayfields. Application of the DyNoFlo model to small, medium, and large dairy farms showed that they could decrease their N leaching by 9, 20, and 25%, respectively, without reducing profits by varying management strategies according to ENSO phases. [Copyright &y& Elsevier]

This article compares responses from two surveys in Florida to estimate how climate literacy has evolved as a result of the partnership of the Southeast Climate Consortium with the Cooperative Extension Services for diffusion of climate information. A 32-question survey was developed and posted to the Internet in 2004 and again in 2009. We found that climate knowledge evolved over the 5-year interval in two principal ways. Knowledge and willingness to use and provide information to end users increased on average, and agents had refined what types of climate information are actually useful and to what extent for their clients. [ABSTRACT FROM AUTHOR]