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Impact of Crop Insurance Indemnity Payments on Cash Rents and Land Values

Author

Listed:
  • Langemeier, Michael R.

Abstract

This paper examined the impact of a yield protection crop insurance product on cash rents and land values for a representative Indiana farm. The net return to land and management for scenarios that included and excluded crop insurance were very similar. Predicted cash rents and land values were not impacted by crop insurance indemnity payments.

Suggested Citation

  • Langemeier, Michael R., 2013. "Impact of Crop Insurance Indemnity Payments on Cash Rents and Land Values," 2013 AAEA: Crop Insurance and the Farm Bill Symposium, October 8-9, Louisville, KY 156836, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaeaci:156836
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    File URL: http://purl.umn.edu/156836
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    References listed on IDEAS

    as
    1. Allen M. Featherstone & Timothy G. Baker, 1988. "Effects of Reduced Price and Income Supports on Farmland Rent and Value," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 10(2), pages 177-189.
    2. Goh, Siew & Shih, Chao-Chyuan & Cochran, Mark J. & Raskin, Rob, 1989. "A Generalized Stochastic Dominance Program for the IBM PC," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 21(02), pages 175-182, December.
    3. Goh, Siew & Shih, Chao-Chyuan & Cochran, Mark J. & Raskin, Rob, 1989. "A Generalized Stochastic Dominance Program For The Ibm Pc," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(02), December.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Yield Protection Crop Insurance; Farm Management; Q12;

    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets

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