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The FAPRI modeling system used for the analysis provides information about the impact of the European Union's (EU) proposed "Agenda 2000" Common Agricultural Policy (CAP) reforms on U.S. crops and livestock sectors, international trade balance, world prices, and on commodity supply and use in...
Persistent link: https://www.econbiz.de/10005786478
Using a formula to estimate per acre costs at 70, 75, and 80 percent levels of coverage, this study provides estimates of the government cost of the revenue assurance plan, one of the alternative proposals for the 1995 Farm Bill. These costs are compared with results from previous studies and...
Persistent link: https://www.econbiz.de/10005786485
Since 1986 the federal crop insurance program has changed in several ways: the number of covered crops has increased dramatically; the number of insured acres and amount of total premiums have risen; and new styles of crop insurance policies have been introduced. Each change has had a...
Persistent link: https://www.econbiz.de/10005612581
With the pending debate on the 1995 Farm Bill, crop insurance and disaster assistance have become major topics for discussion. This paper explores the performance of the current MPCI program and presents alternative programs. The need for a unified approach to ease the problem of agricultural...
Persistent link: https://www.econbiz.de/10005612608
The strongest justification for government involvement in agricultural commodity markets is the instability in U.S. food and agricultural markets that affects both consumers and producers through food supply and price volatility (Tweetin 1993). This instability comes from many sources, including...
Persistent link: https://www.econbiz.de/10005272842
As another Farm Bill approaches in 1995, agricultural, conservation, and environmental groups will again negotiate domestic agricultural policies. From past meetings have come such compromise solutions as the Conservation Reserve Program (CRP) and conservation compliance. The upcoming Farm Bill...
Persistent link: https://www.econbiz.de/10005272859
The 1994 Crop Insurance Reform Act addressed two major problems of MPCI (multiple peril crop insurance): low participation and additional disaster assistance. In this study, total government costs for the FCIC (Federal Crop Insurance Corporation) and MPCI are estimated to be more than $2...
Persistent link: https://www.econbiz.de/10005272863
Since 1986 the federal crop insurance program has changed in several ways: the number of covered crops has increased dramatically; the number of insured acres and amount of total premiums have risen; and new styles of crop insurance policies have been introduced. Each change has had a...
Persistent link: https://www.econbiz.de/10005786129
In 1996, two new crop insurance products--Crop Revenue Coverage and Income Protection--were introduced to insure against losses in revenue, as opposed to the traditional multiple-peril crop insurance that insures against crop yield losses. Using yield and price difference distributions in 1,000...
Persistent link: https://www.econbiz.de/10005786142
The FAPRI modeling system used for the analysis provides information about the impact of the European Union's (EU) proposed "Agenda 2000" Common Agricultural Policy (CAP) reforms on U.S. crops and livestock sectors, international trade balance, world prices, and on commodity supply and use in...
Persistent link: https://www.econbiz.de/10005786158