Analysis of the U.S. Sugar Safety Net and A Potential Sugar Beet Revenue Protection Program

This report examines the policy and market landscape shaping risk management in the U.S. sugar sector, with a focus on the potential introduction of Revenue Protection (RP) crop insurance for sugar beets under the Federal Crop Insurance Program (FCIP). It analyzes the relative price volatility of sugar compared to other major crops, evaluates historical adoption patterns of yield versus revenue protection plans, and projects the fiscal implications of introducing RP coverage. The findings provide insights into likely shifts in insurance participation and cost outcomes under alternative adoption scenarios.