Crop Insurance’s Role in Farm Solvency

Todd Kuethe (), Nicholas Paulson and Gary Schnitkey ()

No 205662, 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California from Agricultural and Applied Economics Association

Abstract: By design, crop insurance is well suited to cover temporary or short-term adverse financial conditions for America’s farms. Farmers purchase crop insurance annually to cover losses as a result of either adverse growing conditions or price declines. This study examines the degree to which crop insurance may support farmers’ ability to meet long-term financial obligations. We explore the link between crop insurance coverage and farm solvency using a panel of farm records from 1995 – 2014.

Keywords: Agricultural Finance; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 7
Date: 2015-05-27
New Economics Papers: this item is included in nep-agr and nep-ias
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea15:205662

DOI: 10.22004/ag.econ.205662

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