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Mathematical Formulas For Calculating Net Returns From Participation In Government Programs, Crp, And Crop Insurance Alternatives

Author

Listed:
  • Pendell, Dustin L.
  • Perry, William R.
  • Williams, Jeffery R.
  • Barnaby, Glenn Arthur, Jr.
  • Lubben, Bradley D.

Abstract

The purpose of this report is to provide a revised version of the publication, "Mathematical Formulas for Calculating Net Returns from Participation in Government Commodity Programs including Marketing Loans" (Williams and Barnaby, 1994). The change in design of the government commodity programs and development of several crop insurance alternatives has been significant since the previous paper was published. The formulas for calculating net returns incorporate provisions from the Farm Security and Rural Investment Act of 2002 and several crop insurance designs developed in the 1990s. Individuals conducting research or education programs will be able to use this revision for reference when estimating net returns for producers under current commodity program and crop insurance plan provisions.

Suggested Citation

  • Pendell, Dustin L. & Perry, William R. & Williams, Jeffery R. & Barnaby, Glenn Arthur, Jr. & Lubben, Bradley D., 2003. "Mathematical Formulas For Calculating Net Returns From Participation In Government Programs, Crp, And Crop Insurance Alternatives," Staff Papers 30711, Kansas State University, Department of Agricultural Economics.
    • Handle: RePEc:ags:ksaesp:30711
    DOI: 10.22004/ag.econ.30711
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    References listed on IDEAS

    as
    1. Edwards, William M., 2003. "Managing Risk with Crop Insurance," Staff General Research Papers Archive 10261, Iowa State University, Department of Economics.
    2. Edwards, William M., 2003. "Group Risk Plan and Group Risk Income Protection," Staff General Research Papers Archive 10269, Iowa State University, Department of Economics.
    3. Edwards, William M., 2003. "Catastrophic Crop Insurance," Staff General Research Papers Archive 10258, Iowa State University, Department of Economics.
    4. Edwards, William M. & Hofstrand, Donald, 2003. "Multiple Peril Crop Insurance," Staff General Research Papers Archive 10257, Iowa State University, Department of Economics.
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    Cited by:

    1. Harper, Jayson K. & Williams, Jeffery R. & Barnaby, Glenn Arthur, Jr., 1989. "Selecting Risk Efficient Crop Insurance Alternatives for Northeast Kansas Corn/Soybean Farms," Staff Papers 133749, Kansas State University, Department of Agricultural Economics.
    2. Williams, Jeffery R. & Llewelyn, Richard V. & Pendell, Dustin L. & Schlegel, Alan J. & Troy, Dumler, 2009. "A Risk Analysis of Converting CRP Acres to a Wheat-Sorghum-Fallow Rotation," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 45985, Southern Agricultural Economics Association.

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    Keywords

    Agricultural Finance;

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