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About Using Weather Derivatives For The Financial Risk Management of Plant Diseases
This document analyzes the potential use of weather derivatives to manage financial risks from two plant diseases: Phytophthora infestans in potatoes and Fusarium head blight in wheat. It identifies key weather parameters associated with each disease based on literature. Weather and disease incidence data are analyzed to develop risk profiles for each disease. The risk profiles are then used to discuss whether weather derivatives could be a viable risk management tool. For Phytophthora infestans in potatoes, weather parameters like rainfall and temperature are highly correlated with disease occurrence, making weather derivatives a potential option. However, for Fusarium head blight in wheat, the low correlation between weather and disease means weather derivatives are not suitable.
Detailed Information
| Author: | ['Prasanth Pandiri'] |
|---|---|
| Publication Year: | 2012 |
| Pages: | 38 |
| Language: | English |
| Format: | |
| Price: | FREE |
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