IDEAS home Printed from https://ideas.repec.org/p/ags/hebarc/18326.html
   My bibliography  Save this paper

Computing Average Per Acre Indemnity Payments for Corn in Iowa

Author

Listed:
  • Hart, Chad E.
  • Smith, Darnell B.

Abstract

This study estimates average per acre indemnity payments for Iowa corn for traditional multiple-peril crop insurance and two new revenue insurance products, Crop Revenue Coverage and Income Protection. Yield and price difference distributions are formed and employed in 1,000 simulation runs. From these simulations, corn yields for all 99 Iowa countries and futures prices are collected. These are used to calculate per acre indemnities under the three insurance products. Income Protection has the smallest per acre indemnities across the state, followed by multiple-peril and Crop Revenue Coverage. Per acre indemnities are the lowest in northwest Iowa and highest in southeast Iowa.

Suggested Citation

Handle: RePEc:ags:hebarc:18326
DOI: 10.22004/ag.econ.18326
as

Download full text from publisher

File URL: https://ageconsearch.umn.edu/record/18326/files/wp960163.pdf
Download Restriction: no
File URL: https://libkey.io/10.22004/ag.econ.18326?utm_source=ideas
LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
---><---

More about this item

Keywords

;

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:hebarc:18326. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.