The Growth of the Federal Crop Insurance Program, 2010–22

Key Points: Two major trends have defined the federal crop insurance program over the past 12 years: the replacement of farm yield–based insurance with farm revenue–based products and the explosion of area- and index-based insurance for pasture, rangeland, and forage crops. Though still relatively s...

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Main Author: Glauber, Joseph W.
Format: Informe técnico
Language:Inglés
Published: American Enterprise Institute 2023
Subjects:
Online Access:https://hdl.handle.net/10568/128424
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author Glauber, Joseph W.
author_browse Glauber, Joseph W.
author_facet Glauber, Joseph W.
author_sort Glauber, Joseph W.
collection Repository of Agricultural Research Outputs (CGSpace)
description Key Points: Two major trends have defined the federal crop insurance program over the past 12 years: the replacement of farm yield–based insurance with farm revenue–based products and the explosion of area- and index-based insurance for pasture, rangeland, and forage crops. Though still relatively small, enrollment in two relatively new products has grown over the past decade: supplemental insurance based on county yields designed to cover deductibles associated with farm yield–based policies and livestock insurance. Thus, enrolled acreage and total premiums for crop insurance hit record highs in 2022, with continued enrollment growth in area- and index-based policies expected in 2023.
format Informe técnico
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institution CGIAR Consortium
language Inglés
publishDate 2023
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spelling CGSpace1284242025-04-08T18:26:16Z The Growth of the Federal Crop Insurance Program, 2010–22 Glauber, Joseph W. farm income insurance agricultural insurance Key Points: Two major trends have defined the federal crop insurance program over the past 12 years: the replacement of farm yield–based insurance with farm revenue–based products and the explosion of area- and index-based insurance for pasture, rangeland, and forage crops. Though still relatively small, enrollment in two relatively new products has grown over the past decade: supplemental insurance based on county yields designed to cover deductibles associated with farm yield–based policies and livestock insurance. Thus, enrolled acreage and total premiums for crop insurance hit record highs in 2022, with continued enrollment growth in area- and index-based policies expected in 2023. 2023-02-01 2023-02-02T21:40:36Z 2023-02-02T21:40:36Z Report https://hdl.handle.net/10568/128424 en Open Access American Enterprise Institute Glauber, Joseph W. 2023. The Growth of the Federal Crop Insurance Program, 2010–22. Washington, DC: American Enterprise Institute for Public Policy Research. First published online February 1, 2023. https://www.aei.org/research-products/report/the-growth-of-the-federal-crop-insurance-program-2010-22/
spellingShingle farm income
insurance
agricultural insurance
Glauber, Joseph W.
The Growth of the Federal Crop Insurance Program, 2010–22
title The Growth of the Federal Crop Insurance Program, 2010–22
title_full The Growth of the Federal Crop Insurance Program, 2010–22
title_fullStr The Growth of the Federal Crop Insurance Program, 2010–22
title_full_unstemmed The Growth of the Federal Crop Insurance Program, 2010–22
title_short The Growth of the Federal Crop Insurance Program, 2010–22
title_sort growth of the federal crop insurance program 2010 22
topic farm income
insurance
agricultural insurance
url https://hdl.handle.net/10568/128424
work_keys_str_mv AT glauberjosephw thegrowthofthefederalcropinsuranceprogram201022
AT glauberjosephw growthofthefederalcropinsuranceprogram201022