Federal Crop Insurance

Background & Costs of Insuring Higher Production Risks

Author: Audrey Pope Series: Agriculture Issues and Policies

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The federal crop insurance program began in 1938 when Congress authorized the Federal Crop Insurance Corporation. The current program, which is administered by the U.S. Department of Agriculture's Risk Management Agency (RMA), provides producers with risk management tools to address crop yield and/or revenue losses for about 130 crops. The federal farm safety net also includes the farm commodity support programs, which provide price and income support for a much narrower list of "covered and loan commodities" such as corn, wheat, rice, and peanuts. This book provides a primer on the federal crop insurance program and highlights changes to the program by the 2014 farm bill. It also the examines the government's cost of the crop insurance program; and the extent to which RMA's premium rates, as implemented, cover expected losses.

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Nova Science Publishers Inc

Published

1st September 2015

Pages

ISBN

9781634833660

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Federal Crop Insurance

Background & Costs of Insuring Higher Production Risks

Author: Audrey Pope Series: Agriculture Issues and Policies

Paperback

Paperback

PRODUCT INFORMATION

Description

Product Details

Returns

Browse by category

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