Abstract
AbstractCurrent farm policy includes a diverse set of programs intended to provide a financial safety net for producers of grains, oilseeds, and cotton. These programs make payments contingent on national market prices and yields at the farm or county level. A review of data for the 2014–2020 period demonstrates the successes and limitations of crop insurance, agriculture risk coverage and price loss coverage at offsetting reductions in national net market revenues for particular crops. Forward‐looking stochastic analysis confirms these programs protect against different types of risks but provide support levels that can vary greatly across commodities and time.
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.
