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Provedor de dados:  AgEcon
País:  United States
Título:  Should Basic Underwriting Rules be Applied to Average Crop Revenue Election and Supplemental Revenue?
Autores:  Barnaby, Glenn Arthur, Jr.
Data:  2010-07-29
Ano:  2010
Palavras-chave:  Adverse Selection
Average Crop Revenue Election
Crop Insurance
Supplemental Revenue
Agribusiness
Agricultural and Food Policy
Agricultural Finance
Crop Production/Industries
Farm Management
Political Economy
Risk and Uncertainty
Q18
Resumo:  This paper considers methods to adversely select on Average Crop Revenue Election (ACRE) and Supplemental Revenue (SURE). In the case of winter wheat, farmers had a large amount of a priori yield and price information before electing 2009 ACRE. Prior to the August 14 sign-up for ACRE, wheat was 3 months into the marketing year. In most years nearly half of the national average price is determined in the first 3 months of the marketing year. With this available information it was clear that Oklahoma, Texas, and Washington wheat would collect the maximum or near the maximum ACRE payment, while there was little chance that ACRE would pay on Colorado wheat.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  http://purl.umn.edu/92590
Relação:  Journal of Agricultural and Applied Economics>Volume 42, Number 03, August 2010
Formato:  19
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