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          Volume 12, Number 01, July 1987 >

Please use this identifier to cite or link to this item: http://purl.umn.edu/32470

Title: THE UTILITY OF MULTIPLE PERIL CROP INSURANCE FOR IRRIGATED, MULTIPLE-CROP AGRICULTURE
Authors: Zering, Kelly D.
McCorkle, C.O., Jr.
Moore, Charles V.
Issue Date: 1987-07
Abstract: The usefulness of FCIC multiple peril crop insurance on diversified, irrigated, high yielding farms in the Imperial Valley is examined. Production data and expected price and yield distributions were collected from thirty-two farm managers in 1982. Individual whole-farm net income distributions then were used to elicit their risk preferences. Participation in FCIC crop insurance for cotton, wheat, and sugar beets under the existing program and under several alternatives was predicted. Predicted participation never exceeds 25% of eligible growers. Low maximum yield guarantees and premiums inconsistent with individual yield experience are identified as factors limiting participation.
URI: http://purl.umn.edu/32470
Institution/Association: Western Journal of Agricultural Economics>Volume 12, Number 01, July 1987
Total Pages: 10
Language: English
From Page: 50
To Page: 59
Collections:Volume 12, Number 01, July 1987

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