Recent changes in federal farm programs and contemporary farm program proposals highlight an evolving shift in farm policy from income support to risk management. A mix of price- and revenue-based commodity programs as well as yield- and revenue-based insurance products provide crop producers a...

This study evaluates the policy effects of alternative program designs for federal revenue-based farm income safety net programs. Eight representative farms across Nebraska are used to stochastically simulate the financial impact of changing the current farm crop revenue-based safety net with a...

Under the direction of the Agricultural Risk Protection Act of 2000, the U.S. Congress proposed a crop insurance program for the Bristol Bay, Alaska, commercial salmon fishery. This study examines the feasibility of extending crop insurance to this commercial fishery. The specific focus of this...

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...

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...

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...

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...