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Mitigating Structural Inequities in U.S. Agricultural Risk Management

Amy D. Hagerman, K. Aleks Schaefer, Andrew J. Van Leuven, Francis Tsiboe, Alicia M. Young and Yacob Abrehe Zereyesus

Journal of Agricultural and Applied Economics, vol. Volume 57, issue Number 1

Abstract: The USDA has implemented policies to address inequities for socially disadvantaged farmers and ranchers. This research examines agricultural risk inequities and the impact of 2018 Farm Bill programs on crop insurance use among minority and veteran farmers. Results indicate that minority and veteran farmers are disproportionately located in regions of the U.S. with higher risks of drought and excess precipitation. Yet, these producer groups had lower use of crop insurance prior to the implementation of the 2018 Farm Bill. However, the incentive programs created under the 2018 Farm Bill have increased use of federal crop insurance among these vulnerable populations.

Keywords: Agricultural and Food Policy; Crop Production/Industries; Risk and Uncertainty (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:391360

DOI: 10.22004/ag.econ.391360

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