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Specialty Crop Participation in Federal Risk Management Programs

Sharon Raszap Skorbiansky, Gregory Astill, Stephanie Rosch, Elizabeth Higgins, Jennifer Ifft and Bradley Rickard

No 327351, Economic Information Bulletin from United States Department of Agriculture, Economic Research Service

Abstract: This study characterizes recent changes in Federal Crop Insurance Program (FCIP) and Noninsured Crop Disaster Program (NAP) use by specialty crop farmers, compares differences among conventional and organic farms, and investigates the reasons some farmers choose whether to participate in these programs. Specialty crop growers increased the value of their crops insured by FCIP products from about $12 billion in 2011 to about $21 billion in 2020 (not adjusted for inflation). A case study of nine specialty crop growers in New York State explores reasons they choose whether to participate in these Federal programs.

Keywords: Risk and Uncertainty; Crop Production/Industries (search for similar items in EconPapers)
Pages: 55
Date: 2022-09
New Economics Papers: this item is included in nep-agr
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersib:327351

DOI: 10.22004/ag.econ.327351

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