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Federal Programs for Agricultural Risk Management

Author

Listed:
  • Turner, Dylan
  • Tsiboe, Francis
  • Baldwin, Katherine
  • Williams, Brian
  • Dohlman, Erik
  • Astill, Gregory
  • Skorbiansky, Sharon Raszap
  • Abadam, Vidalina
  • Yeh, D. Adeline
  • Knight, Russell

Abstract

This report provides a broad overview of the Federal programs that are designed to help agricultural producers manage risks to income or profitability caused by natural and economic forces. This report refers to these programs as “risk management programs.” Focus is given to risk management programs that are available under the Agriculture Improvement Act of 2018 (i.e., 2018 Farm Bill). Thus, this publication serves as an update to previous work (Motamed et al., 2018), which focused on programs available under the Agricultural Act of 2014 (i.e., 2014 Farm Bill). Although each title of the Farm Bill contains programs that attenuate risk indirectly, most current targeted risk management programs are authorized under Title I: Commodity Programs or Title XI: Crop Insurance. Accordingly, this report primarily focuses on programs for crop and livestock producers that are available under these two titles. Available policies for managing production and price risk are discussed with recent trends in program enrollment and outlays provided.

Suggested Citation

  • Turner, Dylan & Tsiboe, Francis & Baldwin, Katherine & Williams, Brian & Dohlman, Erik & Astill, Gregory & Skorbiansky, Sharon Raszap & Abadam, Vidalina & Yeh, D. Adeline & Knight, Russell, 2023. "Federal Programs for Agricultural Risk Management," Economic Information Bulletin 340216, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersib:340216
    DOI: 10.22004/ag.econ.340216
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    References listed on IDEAS

    as
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    Cited by:

    1. Dylan Turner & Francis Tsiboe & Hunter Biram & Lawson Connor, 2025. "Actuarial implications of prevented planting coverage," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 47(1), pages 394-415, March.
    2. Chie Onishi & Masashi Morie & Kenta Baba, 2025. "Value addition in dairy farming: a methodological framework and case study analysis on milk processing and sales," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 13(1), pages 1-16, December.
    3. Turner, Dylan & Baldwin, Katherine & Beckman, Jayson & Nava, Noé J. & Tsiboe, Francis & Vaiknoras, Kate, 2024. "Potential Budgetary Impacts of Climate Change on the Pasture, Rangeland, and Forage Insurance Plan," Economic Brief 348571, United States Department of Agriculture, Economic Research Service.
    4. Baldwin, Katherine & Turner, Dylan & Tsiboe, Francis, 2024. "Recent Developments in Ad Hoc Assistance Programs for Agricultural Producers," Economic Information Bulletin 347201, United States Department of Agriculture, Economic Research Service.

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