Insurance against poor crop yields has been available for many years. But income from crop production can be low even when yields are not. A new risk management tool known as crop revenue insruance addresses this problem. Revenue insurance guarantees a certain level of revenue rather than just production. It protects you from declines in both crop prices and yields. The guarantee is based on market prices and the actual yield on your farm.
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Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number
10259.
Length: Date of creation: 27 Mar 2003 Date of revision: Handle: RePEc:isu:genres:10259
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