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Mitigating Structural Inequities in U.S. Agricultural Risk Management

Author

Listed:
  • Hagerman, Amy D.
  • Schaefer, K. Aleks
  • Van Leuven, Andrew J.
  • Tsiboe, Francis
  • Young, Alicia M.
  • Zereyesus, Yacob Abrehe

Abstract

The USDA has implemented policies to address inequities for socially disadvantaged farmers and ranchers. This research examines agricultural risk inequities and the impact of 2018 Farm Bill programs on crop insurance use among minority and veteran farmers. Results indicate that minority and veteran farmers are disproportionately located in regions of the U.S. with higher risks of drought and excess precipitation. Yet, these producer groups had lower use of crop insurance prior to the implementation of the 2018 Farm Bill. However, the incentive programs created under the 2018 Farm Bill have increased use of federal crop insurance among these vulnerable populations.

Suggested Citation

  • Hagerman, Amy D. & Schaefer, K. Aleks & Van Leuven, Andrew J. & Tsiboe, Francis & Young, Alicia M. & Zereyesus, Yacob Abrehe, . "Mitigating Structural Inequities in U.S. Agricultural Risk Management," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 0(Number 1).
    • Handle: RePEc:ags:joaaec:391360
    DOI: 10.22004/ag.econ.391360
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