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Abstract
Crop revenue insurance offers farmers a
way to manage revenue variability that
results from yield and price risks. Commodity-level revenue insurance, particularly
for corn, soybeans, and wheat, has
become a major part of the subsidized
Federal crop insurance program. Whole-farm revenue insurance, based on
combined revenue from all commodities
produced on a farm, is a more broad-based
approach, but is difficult to administer.