Abstract
This chapter describes the development of the federal crop insurance program, starting as an adjunct program to the parity price supports established in the first few farm bills in the 1930s, initially available only to wheat and cotton farmers in a few regions. It became a nationwide program in the 1980s, and continued to expand its reach in the 1990s and 2000s as the federal government picked up an increasing share of farmers’ premium costs. Today, the annual cost of the crop insurance program, which covered 380 million acres of cropland and pasture in 2019, typically exceeds the cost of all other farm safety net programs combined.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
