2014 FARM BILL COMMODITY PROGRAM AND THE CROP INSURANCE CHOICE INTERACTIONS

Jason Bradley, Rodney Jones, Eric DeVuyst, John Michael Riley and Damona Doye ()

No 230143, 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas from Southern Agricultural Economics Association

Abstract: With the announcement of the 2014 Farm Bill, agricultural producers were faced with many changes in the various programs available to agricultural producers through various government agencies. When these programs opened for enrollment, producers faced complex decisions regarding which of the program combinations would best suit their operational needs. One of the decisions faced by producers was the selection of crop insurance type and coverage level. The objective of this research is to evaluate what factors influenced producer’s crop insurance program decisions after the introduction of new government crop insurance programs and other provisions of the 2014 Farm Bill. By comparing current crop insurance protection types and the selected coverage levels against previous reports, the results will show the change caused by the introduction of the government programs. Using enrollment numbers from both the Farm Service Agency (FSA) and the Risk Management Agency (RMA) programs the influence that the 2014 Farm Bill commodity program choices had on producer’s crop insurance election choices will be determined. Other crop insurance decision factors examined include geographic location, and primary crops produced. The findings of the research provide further insight regarding what factors drive producer crop insurance decisions.

Keywords: Agricultural and Food Policy; Crop Production/Industries (search for similar items in EconPapers)
Pages: 20
Date: 2016
New Economics Papers: this item is included in nep-agr and nep-ias
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/230143/files/S ... 0Jason%20Bradley.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:saea16:230143

DOI: 10.22004/ag.econ.230143

Access Statistics for this paper

More papers in 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().