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Crop Insurance in Iowa

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Abstract

Farmers across the nation rely heavily on crop insurance as a risk management tool¢in Iowa alone over 93 percent of corn and soybean planted area was insured in 2014, but that participation rate hasn't always been the case. Participation in crop insurance declined substantially in the early 1990s after the mandate that required producers to purchase crop insurance in 1989 and 1990 to collect drought assistance in 1988 dissipated.

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  • Alejandro Plastina & Chad Hart, 2014. "Crop Insurance in Iowa," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2014-3, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:apr-fall-2014-3
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    File URL: https://www.card.iastate.edu/ag_policy_review/article/?a=26
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    File URL: https://www.card.iastate.edu/ag_policy_review/pdf/fall-2014.pdf
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    1. Alejandro Plastina & Chad Hart, 2014. "Price Expectations and Risk Profiles Drive Commodity Program Choices," Center for Agricultural and Rural Development (CARD) Publications apr-fall-2014-5, Center for Agricultural and Rural Development (CARD) at Iowa State University.
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    Cited by:

    1. Ramirez, Octavio A. & Carpio, Carlos E., 2015. "Are the Federal Crop Insurance Subsidies Equitably Distributed? Evidence from a Monte Carlo Simulation Analysis," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 40(3), pages 1-19, September.

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