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Revenue Crop Protection Insurance

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  • Edwards, William M.
  • Hofstrand, Donald

Abstract

Insurance against poor crop yields has been available for many years. But income from crop production can be low even when yields are not. A new risk management tool known as crop revenue insruance addresses this problem. Revenue insurance guarantees a certain level of revenue rather than just production. It protects you from declines in both crop prices and yields. The guarantee is based on market prices and the actual yield on your farm.

Suggested Citation

  • Edwards, William M. & Hofstrand, Donald, 2003. "Revenue Crop Protection Insurance," Staff General Research Papers Archive 10259, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:10259
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    File URL: http://www2.econ.iastate.edu/papers/paper_10259.pdf
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    File URL: http://www.extension.iastate.edu/agdm/crops/html/a1-54.html
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