Cory Walters
Assoc Professor Agricultural Economics University of Nebraska-Lincoln
Contact
- Address
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FYH 304B
Lincoln NE 68583-0922 - Phone
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402-472-0366 On-campus 2-0366
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cwalters7@unl.edu
My applied research program investigates producer decision-making under risk uncertainty by evaluating to role of risk management tools such as publicly provided crop insurance and privately provided tools such as pre-harvest hedging under limited information, highlighting the role of theory and computer decision models to generate a better decision environment. My work on producer decision making focuses on the producer, crop, and practice (irrigated or rainfed) as risk exposure changes drastically within this context. At the market level, I have investigated the unintended consequences of crop insurance policy. Additionally, I am interested in the creation and use of decision tools, impacts of hidden information in pricing, economics of integrated pest management, economics of soil health and resilient farms. My work has spanned across departments and private industry. Cory grew up on a grain farm in Montana producing wheat, canola, barley, and peas.
Education
Cory received his Ph.D. in economics and masters in Agricultural Economics from Washington State University in 2008 and 2004, respectively. He received a Bachelor of Science in Agricultural Business from Montana State University in 2002.
The Montana Farm
In the News
Watch Dr. Walters on U.S. Farm Report's College Road Show episode, filmed at the University of Nebraska-Lincoln in September 2023.
Watch Dr. Walters on U.S. Farm Report's College Road Show episode, filmed at the University of Nebraska-Lincoln in September 2022.
Dr. Walters on The Grain I.Q. Podcast, by the Rural Radio Network, discussing crop insurance in March 2024.
Recent Publications
Location in the Federal Crop Insurance Program” American Journal of Agricultural Economics https://doi.org/10.1111/ajae.12503
• O’Donnell E.*, L. Nogueira, C. Walters, W. Peterson, and S. Irmak. 2023. “The Economics of Deficit Irrigation” Agricultural and Resource Economics Review, pp 1-19. https://doi.org/10.1017/age.2023.16
• Roberts, S.*, L. Nogueira, K. Brooks and C. Walters. 2022. “The Role of Quality Characteristics in Pricing Hard Red Winter Wheat” Food Policy, 108, 102246 https://doi.org/10.1016/j.foodpol.2022.102246
o High Impact Award, Institute of Agriculture and Natural Resources Ag Research Division.
• Hunt, E., C. Walters, T. Klemm, I. Eronmwon* and J. Cohen. 2022. “Using Seasonal Climate Analogs to Improve Grain Marketing Decisions” Choices. Quarter 1. Available: https://www.choicesmagazine.org/choices-magazine/submitted-articles/usi…
• Azzam, A., C. Walters, and T. Kaus*. 2021.” Does subsidized crop insurance affect farm industry structure? Lessons from the US.” Journal of Policy Modeling, 43(6): 1167-1180 https://doi.org/10.1016/j.jpolmod.2021.06.003
• Mavroutsikos, C. *, Giannakas, K. and C. Walters. 2021. “The role of premium subsidies in crop insurance.” PloS one, 16(4), p.e0250129. https://doi.org/10.1371/journal.pone.0250129
• Delay N. D., H. H. Chouinard, C. Walters and P. R. Wandschneider. 2020. “The Influence of Crop Insurance Agents on Coverage Choices: The Role of Agent Competition” Agricultural Economics. 51(4): 623-638 https://doi.org/10.1111/agec.12576
• Sharma, S.*, and C. Walters. 2020. “Influence of Farm Size and Insured Type on Crop Insurance Returns” Agribusiness: An International Journal 36(3):440-452 https://doi.org/10.1002/agr.21636
• Kotsakou, T.*, C. Walters, J. Groskopf, R. Tigner and S. Banerjee. 2018. “A Unique Marketing Educational Tool: Marking in a New Era Simulation Game” Journal of Extension, 56(6), Article 6TOT4 https://www.joe.org/joe/2018october/tt4.php
• Mieno, T., C. Walters, and L. Fulginiti. 2018. “Input Use Under Crop Insurance: The Role of APH” American Journal of Agricultural Economics 100(5): 1469-1485 https://doi.org/10.1093/ajae/aay040
• Westerhold A.*, C. Walters, K. Brooks, M. Vandeveer, J. Volesky and W. Schacht. 2018 “Risk Implications from the Selection of Rainfall Index Insurance Intervals” Agricultural Finance Review 78(5):514-531 https://doi.org/10.1108/AFR-10-2017-0097
• Saghaian. M., B. Chen, C. Walters, and M. Nemati. 2018. “Asymmetric Price Volatility Transmission between U.S. Biofuel, Corn and Oil Markets” Journal of Agriculture and Resource Economics 43(1):46-60 https://doi.org/10.22004/ag.econ.26709
• Brooks, K., C. Walters, J. Parsons, A. Ramirez, L. Van Tassell, B. Lubben and J. D. Aiken. 2018. “Characteristics Contributing to Nebraska Farm and Ranch Financial Stress” Journal of American Society of Farm Managers and Rural Appraisers. 2018:140-156 https://10.22004/ag.econ.322651
• Walters, C., and R. Preston. 2018. “Net Income Risk, Crop Insurance and Hedging” Agricultural Finance Review, 78(1):135-151. https://doi.org/10.1108/AFR-05-2017-0036
• Mason, S., C. Walters, T. Galusha, R. Wilson and Z. Kmail. 2017. “Planting Saved Roundup Ready 1 Soybean Seed Implications on Yield and Profit” Agronomy Journal, 109(2):1-6 https://doi.org/10.2134/agronj2016.05.0284
• Walters, C., C.R. Shumway, and D. Huggins. 2017. “Impacts of Terrain Attributes on Economics and the Environment: Costs of Reducing Potential Nitrogen Pollution in Wheat Production” Agricultural Economics 48(2):143-152 https://doi.org/10.1111/agec.12321
• Walters, C., C.R. Shumway, H. H. Chouinard, and P. R. Wandschneider. 2014. “Asymmetric Information and Profit Taking in Crop Insurance” Applied Economics Perspectives and Policy 37(1):107-129 https://doi.org/10.1093/aepp/ppu022
• Walters, C., C.R. Shumway, H. Chouinard, and P. Wandschneider. 2012. “Crop Insurance, Land Allocation, and the Environment” Journal of Agriculture and Resource Economics, 37(2):301-320 https://doi.org/10.22004/ag.econ.134289
• Walters, C., F. L. Young, and D. L. Young. 2012. “Economics of Alternative Control Practices for Jointed Goatgrass in Winter Wheat in the Pacific Northwest” Crop Management, https://doi.org/10.1094/cm-2012-0227-01-RV