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Both the House and Senate farm bills include changes to Title I commodity programs and crop insurance programs, including a new shallow loss revenue protection program, a price protection program, and two supplemental crop insurance programs. A key change in the new farm bill is that the Title I...
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This research investigates the potential effects of the row crop provisions of the standing disaster assistance program (SURE) in the 2008 Farm Bill. Results suggest little impact on producer crop insurance purchase decisions, though the program does seem to provide an incentive for mid-level...
Persistent link: https://www.econbiz.de/10005012553
This paper analyzes the effect of the ACRE program adopted in the final version of the 2007 Farm Bill on the risk-reducing effectiveness of insurance products. To the best of our knowledge this is a first attempt to analyze the effect of the ACRE program on the risk management decisions of crop...
Persistent link: https://www.econbiz.de/10004989146
We review the implications of the 2007 Farm Bill for the risk management dimensions of U.S. agriculture and policy …
Persistent link: https://www.econbiz.de/10005469140
In 2011 and 2012 severe droughts caused extensive damage in crops throughout the Midwest. These conditions combined with concerns for climate change have led to a growing focus on risk management in agriculture. The increasing emphasis on risk management is reflected in the 2014 Farm Bill, which...
Persistent link: https://www.econbiz.de/10011068825
Rankings of different risk management portfolios including Average Crop Revenue Election (ACRE), traditional government payment programs, crop insurance and hedging in futures; and optimal choices of insurance coverage levels and hedge ratios are evaluated for a representative central Indiana...
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