The SURE Program and Its Interaction with Other Federal Farm Programs

We investigate potential effects of the Supplemental Revenue Assistance Payments (SURE) program introduced in the 2008 Farm Bill. Results suggest little impact on optimal crop insurance purchase decisions, though the SURE program does seem to provide an incentive for mid-level insurance coverage. For producers in the price counter-cyclical payment (PCCP) program, SURE payments are actually higher (lower) when commodity prices are high (low). This is not the case for producers in the Average Crop Revenue Election (ACRE) program.


Issue Date:
2011
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/119184
Published in:
Journal of Agricultural and Resource Economics, Volume 36, Number 3
Page range:
630-648
Total Pages:
19




 Record created 2017-04-01, last modified 2017-08-26

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