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Evaluating a Proposed Modification to Federal Crop Insurance

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  • Ling, Shuqiong
  • Deng, Xiaohui
  • Barnett, Barry J.

Abstract

A proposed modification to the Federal Crop Insurance Program would allow crop producers to simultaneously purchase both a farm-level crop insurance policy and a supplemental county-level crop insurance policy. This study evaluates this proposal for representative cotton farms in Georgia. The goal is to test whether the additional risk protection provided by the supplemental policy is considered to be worth the additional cost.

Suggested Citation

  • Ling, Shuqiong & Deng, Xiaohui & Barnett, Barry J., 2007. "Evaluating a Proposed Modification to Federal Crop Insurance," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34816, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeasm:34816
    DOI: 10.22004/ag.econ.34816
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    File URL: https://ageconsearch.umn.edu/record/34816/files/sp07li04.pdf
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    References listed on IDEAS

    as
    1. Miller, J. Corey & Barnett, Barry J. & Coble, Keith H., 2003. "Analyzing Producer Preferences for Counter-Cyclical Government Payments," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 35(3), pages 671-684, December.
    2. Thomas O. Knight & Keith H. Coble, 1997. "Survey of U.S. Multiple Peril Crop Insurance Literature Since 1980," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 19(1), pages 128-156.
    3. Alan P. Ker & Keith Coble, 2003. "Modeling Conditional Yield Densities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(2), pages 291-304.
    4. repec:ags:joaaec:v:35:y:2003:i:3:p:671-684 is not listed on IDEAS
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    Keywords

    Risk and Uncertainty;

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