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The U.S. Federal Crop Insurance Program
Author(s) -
Barnett Barry J.
Publication year - 2000
Publication title -
canadian journal of agricultural economics/revue canadienne d'agroeconomie
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 37
eISSN - 1744-7976
pISSN - 0008-3976
DOI - 10.1111/j.1744-7976.2000.tb00409.x
Subject(s) - crop insurance , yield (engineering) , revenue , government (linguistics) , business , general partnership , variety (cybernetics) , agricultural economics , private insurance , agricultural science , agriculture , finance , economics , economic growth , health insurance , health care , geography , environmental science , linguistics , philosophy , materials science , archaeology , artificial intelligence , computer science , metallurgy
The US. Federal Crop Insurance Program has evolved from a government‐run yield insurance program for wheat farmers to a public‐private partnership that provides a variety of yield and revenue insurance products to producers of over 100 different crops. US. policy‐makers continue to struggle with defining an appropriate role for the federal government in helping crop farmers manage revenue risk. New approaches using area‐yield or weather‐based options may hold promise for the future