scholarly journals Managing your risk: Weather and climate impacts on crop insurance. Fact sheet for the Southwest Climate Hub region.

2018 ◽  
Author(s):  
Julian Reyes ◽  
Emile Elias ◽  
Andrew Eischens ◽  
Mark Shilts

A fact sheet produced by the USDA Southwest Climate Hub using publicly available crop insurance data from the USDA Risk Management Agency for Arizona, Nevada, New Mexico, and Utah.

2018 ◽  
Author(s):  
Julian Reyes ◽  
Emile Elias ◽  
Andrew Eischens ◽  
Mark Shilts

A fact sheet produced by the USDA Southwest Climate Hub using publicly available crop insurance data from the USDA Risk Management Agency for Montana, North Dakota, South Dakota, Wyoming, Colorado, and Nebraska.


2018 ◽  
Author(s):  
Julian Reyes ◽  
Emile Elias ◽  
Andrew Eischens ◽  
Mark Shilts

A fact sheet produced by the USDA Southwest Climate Hub using publicly available crop insurance data from the USDA Risk Management Agency for the United States.


2011 ◽  
Vol 40 (1) ◽  
pp. 81-94 ◽  
Author(s):  
Octavio A. Ramirez ◽  
Carlos E. Carpio ◽  
Roderick M. Rejesus

This paper develops and applies a methodology to assess the accuracy of historical loss-cost rating procedures, similar to those used by the U.S. Department of Agriculture's Risk Management Agency (RMA), versus alternative parametric premium estimation methods. It finds that the accuracy of loss-cost procedures leaves much to be desired, but can be markedly improved through the use of alternative methods and increased farm-level yield sample sizes. Evidence suggests that the high degree of inaccuracy in crop insurance premium estimations through historical loss-cost procedures identified in the paper might be a major factor behind the need for substantial government subsidies to keep the program solvent.


2020 ◽  
Vol 21 (3) ◽  
pp. 648-680
Author(s):  
SHANE HAMILTON

A range of private and public institutions emerged in the United States in the years before and after the Great Depression to help farmers confront the inherent uncertainty of agricultural production and marketing. This included a government-owned and operated insurance enterprise offering “all-risk” coverage to American farmers beginning in 1938. Crop insurance, initially developed as a social insurance program, was beset by pervasive problems of adverse selection and moral hazard. As managers and policy makers responded to those problems from the 1940s on, they reshaped federal crop insurance in ways that increasingly made the scheme a lever of financialization, a means of disciplining individual farmers to think of farming in abstract terms of risk management. Crop insurance became intertwined with important changes in the economic context of agriculture by the 1960s, including the emergence of the “technological treadmill,” permanently embedding financialized risk management into the political economy of American agriculture.


2006 ◽  
Vol 13 (S1) ◽  
pp. 55 ◽  
Author(s):  
Giampiero Maracchi ◽  
Valerio Capecchi ◽  
Anna Dalla Marta ◽  
Simone Orlandini

2000 ◽  
Vol 3 (1) ◽  
pp. 75-96 ◽  
Author(s):  
A. Brown ◽  
G. F. Ortmann ◽  
M. A.G. Darroch

Ordinary Least Squares regression was used to examine what characteristics affect the use of maize price risk management tools by a sample of large commercial South African maize producers in 1998. The use of maize storage facilities, off-farm employment, formal crop insurance, length of formal education of operators and the proportion of farm turnover from maize, all positively influence producers' use of these tools. Crop insurance thus appeared to be a complementary method of risk management. In contrast to previous United States studies, operators' self-rated score of marketing management ability was negatively related to the use of price risk management tools. Maize marketing seminars and other sources of information on managing price risk would reduce adoption costs and encourage broader producer participation


2020 ◽  
Vol 232 ◽  
pp. 106000 ◽  
Author(s):  
Julian Reyes ◽  
Emile Elias ◽  
Erin Haacker ◽  
Amy Kremen ◽  
Lauren Parker ◽  
...  

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