The article discusses the key improvements of crop insurance which were approved within the farm bill of Texas. These includes new rules for calculating average production highlights (APH), separate units for dryland and irrigated acres, and the Supplemental Coverage Option (SCO) program. It ...
Rev. Insurance is like an Option Individual Revenue Insurance (RP) This policy has a “harvest price option” If the harvest price is greater than the planting price, then the harvest price is used in all calculations In essence, the policy is giving you a put option with the strike price...
However, the success of these contracts is based on many factors, such as the relative profitability over other alternative land uses, length of the contract, cost share with a biorefinery, additional financial incentives, and insurance [30]. More farmers may be willing to grow biofuel crops if...
Designing Farm Supplemental Revenue Coverage Options on Top of Crop Insurance Coverage. Agricultural Finance Review. 74(3): 397-426.Bulut, H., and K. Collins. "Designing Farm Supplemental Revenue Coverage Options on Top of Crop Insurance Coverage." Agricultural Finance Review 74,3(2014):397-426...
Both the Senate and House Agriculture Committee versions of the new Farm Bill eliminate current commodity programs including direct payments, create new revenue‐based commodity program options designed to cover "shallow" revenue losses, and also introduce supplemental crop insurance coverage for shallow ...
InsuranceCropsLegislationCommodity marketsUnited States of America2013 Farm BillAgricultural risk coverageSupplemental coverage optionRevenue loss coveragePurpose â€" The purpose of this paper is to investigate changes proposed in 2012 to commodity programs for the new Farm Bill. Both the Senate and ...