The first 50 years of the Federal crop insurance program were marked by low enrollment levels. To boost program participation, legislation in 1994 and 2000 increased premium subsidies. In the years since, the jump in enrollment coupled with high commodity prices caused significant increases in...

According to the U.S. Census of Agriculture, 294,000 farms operated on 10 or fewer acres in 2007. While most small acreage (SA) operations did very little farming, approximately 50,000 SA farms had gross sales of $10,000 or more in 2007; 3,600 reported grossing $500,000 or more. Thus, a limited land...

Beginning farmers and ranchers have some unique characteristics, including more education and more off-farm jobs, compared with established farmers and ranchers.

American farms vary widely in size and other characteristics, but farming is still an industry of family businesses. Ninety-eight percent of farms are family farms, and they account for 82 percent of farm production. Small family farms make up most of the U.S. farm count and hold the majority of...

Agricultural Resource Management Survey (ARMS) data for 2007 highlight the production\r practices and costs related to the cotton enterprise, as well as the characteristics of\r U.S. cotton farm operations. Combining ARMS data with ERS cost-of-cotton production\r estimates for 2007 provides a...

In 2008, wheat futures prices spiked and then crashed along with prices for other agricultural and nonagricultural commodities. Market observers offered several theories to explain this common movement, or comovement, in prices, and have proposed policies to address the perceived problem of...

Developing countries, particularly those that depend heavily on a small number of agricultural exports, are vulnerable to domestic and international shocks. These countries often have difficulty achieving sustained economic growth. This analysis uses Malawi, a country that earns most of its...

Movements in countries’ exchange rates can substantially change the prices of goods faced by producers and consumers and thereby affect incentives to produce, consume, and trade goods. Exchange rate changes, however, might not be completely transmitted (passed through) to domestic prices....