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Using Analytica to model farm financial risk

Richard Preston and Cory Walters explain how they are using Analytica to help the farming community. 

Farmers have always been exposed to risk. Yields are uncertain; prices are uncertain. In the past most agricultural education had been geared toward maximizing income. Decisions were made by comparing averages of different management choices. In today’s uncertain world, it is time to think about risk. Analytica provides the perfect platform for Agricultural Economists to explore the tradeoff between risk and profit at the farm level.

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    Free Analytica has no time limit. The only constraint is it won’t let you create more than 100 variables or other objects. But your model can be quite substantial since each variable can be a multidimensional array.  It also lets you explore, change inputs, and run existing models of any size (excluding features unique to the Enterprise or Optimizer editions).

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