A stochastic simulation model is used to determine crop insurance premiums and farm program payments for a Illinois corn-soybean and Mississippi corn-soybean-rice-cotton farm. The optimal portfolio of crop insurance and farm programs are determined subject to payment limitations and crop...

Understanding when and why organic farmers use crop insurance can not only instruct the design of an equitable and financially sustainable crop insurance system but also identify production methods that decrease dependence on program-based risk management. In this article, the research team will...

Recently, the Federal Crop Insurance Program (FCIP) has come under fire from both popular press (e.g. Nixon 2012), the academic press (e.g. Hennessy 2011; Wright and Wimberly 2013), and this criticism is reflected in government publications (e.g. Shields 2012; US GAO 2007). The common argument is that...

This paper integrates economic and physical models to assess how federal crop revenue insurance programs might affect land use, cropping systems, and environmental quality in the U.S. Corn Belt region. The empirical framework includes econometric models that predict land conversion, crop...

The response of farmers to crop insurance incentives has been studied extensively. In particular, studies following the landmark ARPA legislation in 2000 have taken a close look at farmer participation changed with changes in the insurance subsidies. However, few if any studies have looked at...

In the period leading up to the start of the Margin Protection Program for Dairy Producers (MPP-Dairy), a survey was undertaken to assess dairy farmer knowledge, attitudes, impressions and expected participation decisions. All surveys were collected in July and August 2014. There are six main...