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Crop Insurance’s Role in Farm Solvency

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  • Kuethe, Todd H.
  • Paulson, Nicholas
  • Schnitkey, Gary

Abstract

By design, crop insurance is well suited to cover temporary or short-term adverse financial conditions for America’s farms. Farmers purchase crop insurance annually to cover losses as a result of either adverse growing conditions or price declines. This study examines the degree to which crop insurance may support farmers’ ability to meet long-term financial obligations. We explore the link between crop insurance coverage and farm solvency using a panel of farm records from 1995 – 2014.

Suggested Citation

  • Kuethe, Todd H. & Paulson, Nicholas & Schnitkey, Gary, 2015. "Crop Insurance’s Role in Farm Solvency," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205662, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea15:205662
    DOI: 10.22004/ag.econ.205662
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    References listed on IDEAS

    as
    1. Jennifer E Ifft & Todd Kuethe & Mitch Morehart, 2015. "Does federal crop insurance lead to higher farm debt use? Evidence from the Agricultural Resource Management Survey (ARMS)," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 75(3), pages 349-367, September.
    2. Ifft, Jennifer & Kuethe, Todd & Morehart, Mitch, 2015. "Does Federal Crop Insurance lead to higher farm debt use? Evidence from the Agricultural Resource Management Survey," Working Papers 250011, Cornell University, Department of Applied Economics and Management.
    3. Todd Kuethe & Mitch Morehart, 2012. "The Agricultural Resource Management Survey," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 72(2), pages 191-200, July.
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    Keywords

    Agricultural Finance; Risk and Uncertainty;

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