Udo Broll , 2Kit Pong Wong , Farmer`s Income from Production and Financial Assets, Pakistan Journal of Social Sciences, Volume 1,Issue 3, 2003, Pages 148-149, ISSN 1683-8831, pjssci.2003.148.149, (https://makhillpublications.co/view-article.php?doi=pjssci.2003.148.149) Abstract: This paper examines the optimal production and hedgeable decisions of a risk- averse farmers facing both hedgeable price risk and non-hedgeable income risk. While the separation property holds in this context, the full-hedging property does not. The correlation between the non-hedgeable income risk and the hedgeable price risk is pivotal JEL: F21 Keywords: