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REVENUE INSURANCE FOR GEORGIA AND SOUTH CAROLINA PEACHES AgEcon
Miller, Stephen E.; Kahl, Kandice H.; Rathwell, P. James.
We estimate actuarially fair premium rates for yield and revenue insurance for Georgia and South Carolina peaches. The premium rates for both products decrease at a decreasing rate as the mean farm-level yield increases. In general, the premium rate for revenue insurance exceeds the premium rate for yield insurance for a given coverage level and expected yield. Although the revenue and yield insurance rates differ in a statistical sense, they do not appear to differ in an economic sense except at high coverage levels for growers with very high yields.
Tipo: Journal Article Palavras-chave: Crop insurance; Peaches; Revenue insurance; Yield insurance; Risk and Uncertainty.
Ano: 2000 URL: http://purl.umn.edu/15391
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Perception of Innovative Crop Insurance in Australia AgEcon
Meuwissen, Miranda P.M.; Molnar, Tams A..
Worldwide, extreme climate risks cause stakeholders in food supply chains to search for new risk management tools. In Australia, recently so‐called crop yield simulation insurance has been introduced based on an integrated agrometeorological simulation model. Current uptake is relatively low, possibly because Australian farmers perceive commodity price risk as more important than climate risk. Also, they perceive risk management tools such as water management and diversification as more important than buying crop insurance. Still, opportunities seem to exist for new insurance products, such as crop yield simulation insurance, as indicated by farmers’ interest into such products. Outcomes are useful in worldwide discussions on risk management opportunities...
Tipo: Conference Paper or Presentation Palavras-chave: Crop yield simulation; Yield insurance; Wheat farmers; Personal interviews; Agribusiness; Farm Management; Food Consumption/Nutrition/Food Safety; Production Economics; Research Methods/ Statistical Methods.
Ano: 2010 URL: http://purl.umn.edu/100505
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