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Abstract
U.S. farmers have for years relied on the
financial support of both federally funded
crop insurance and direct disaster assistance.
Limits on availability of federal funds
dictate that programs less costly to the government
than disaster programs but more
effective than past crop insurance programs
be devised. An insurance program that pays
according to losses in areas such as a county
is one alternative. With such a plan farmers
would pay less for protection. Its administrative
cost would be less than typical crop
insurance programs. Quality county yield
data would be required.