ScholarLens Back to search
2012•AgEcon Search (University of Minnesota, USA)Open access

Crop Insurance in 2013

Gary Schnitkey, Schnitkey, Gary

Open full text 0 citations

Abstract

impact premiums, premium increases may not be large because a weather indexing process is used in setting premium.Because 2012 is an unusual year, 2012 losses will not receive as much weight as more typical years in setting crop insurance premiums.Summary APH yields on many farms will decrease as a result of the 2012 drought.However, there are limits on the decrease that can occur because of potential yield substitutions and APH yield decline limits.Still, the low yields in 2012 will serve to drag down APH yields for the coming 10 years on most farms.Premiums in 2013 likely will not increase because of the 2012 drought.

Open-access reader

About this research paper

What this paper is about

impact premiums, premium increases may not be large because a weather indexing process is used in setting premium.Because 2012 is an unusual year, 2012 losses will not receive as much weight as more typical years in setting crop insurance premiums.Summary APH yields on many farms will decrease as a result of the 2012 drought.However, there are limits on the decrease that can occur because of potential yield substitutions and APH yield decline limits.Still, the low yields in 2012 will serve to drag down APH yields for the coming 10 years on most farms.Premiums in 2013 likely will not increase because of the 2012 drought.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

impact premiums, premium increases may not be large because a weather indexing process is used in setting premium.Because 2012 is an unusual year, 2012 losses will not receive as much weight as more typical years in setting crop insurance premiums.Summary APH yields on many farms will decrease as a result of the 2012 drought.However, there are limits on the decrease that can occur because of potential yield substitutions and APH yield decline limits.Still, the low yields in 2012 will serve to drag down APH yields for the coming 10 years on most farms.Premiums in 2013 likely will not increase because of the 2012 drought.

Key concepts: Crop insurance, Agribusiness, Business, Crop, Agricultural science, Economics, Agricultural economics, Agronomy

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Crop Insurance in 2013 — Research Paper | ScholarLens