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35 Questions and Answers: What Is Cotton Crop Insurance?

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  • Federal Crop Insurance Corporation

Abstract

Excerpts from the Foreword: Financial security is the goal of every cotton farmer—a desire to own and to hold a home on fertile acres. This isn't ever easy, for cotton growing at best is hazardous. According to reliable estimates, cotton farmers lose an average of three to five hundred million dollars annually in crop failures, due largely to conditions beyond their control. The 1941 crop, for instance, was reduced one-third by drought, excessive rainfall, plant diseases, and insects. Federal cotton crop insurance helps to remove this gamble in cotton production, for it guarantees the insured grower three-fourths or, if he prefers, one-half of his overage yield, protecting his investment and crop income from the day his seed is planted until the crop is harvested and hauled to the gin. On the pages that follow we have endeavored to tell the story of crop insurance and how it works for the farmer.

Suggested Citation

  • Federal Crop Insurance Corporation, 1942. "35 Questions and Answers: What Is Cotton Crop Insurance?," USDA Miscellaneous 356557, United States Department of Agriculture.
    • Handle: RePEc:ags:usdami:356557
    DOI: 10.22004/ag.econ.356557
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