...Sourav Barua; Christopher N. Boyer; Karen L. DeLong; Andrew Griffith; Charles Martinez Purpose United States (US) cattle producers have tools to manage price risk, such as options contracts, futures contracts and livestock risk protection (LRP) insurance. However, there has been limited use...

...Roberto Mattes Horn; Rogério Costa Campos; Francisco Mazzarolo Seger; Mario Canever Purpose Traditional crop insurance has low adoption in developing countries due to operational inefficiencies and poor systemic risk information, limiting insurers’ diversification and farmer utility. In Brazil...

...Christopher N. Boyer; Eunchun Park; Karen L. DeLong; Andrew Griffith; Charles Martinez Purpose Premium subsidy rates were increased in 2019 and 2020 for livestock risk protection (LRP) insurance, which is price insurance for cattle producers. The authors examined if the LRP subsidy rate changes...

...Marcelo Castro; Alvaro Reyes Duarte; Andrés Villegas; Luis Chanci Purpose The aim of this study is to estimate the technical efficiency of the massive and economically important crop of rice in Ecuador, and then conduct a comparison between groups of farmers with and without insurance. Design...

..., there is no available research that quantitatively documents the extent to which local food producers utilize Federal crop insurance. Design/methodology/approach The authors utilize 2013–2016 USDA Agricultural Resource Management Survey data to compare farms and ranches with sales through local food markets...

... in financial inclusion and a dominance analysis to examine the effects of access to credit, ownership of savings account and insurance product on farmers' productivity. Findings Results from the study indicate that financial inclusion significantly enhances productivity. Moreover, credit, savings...

.... Hereby the authors look at different risk aggregation levels across political regions (meso-level). The authors then design weather index insurance products able to compensate revenue losses identified and analyze their risk reduction potential. Design/methodology/approach – The authors design...

...Assistant Professor Lysa Porth and Professor ßKen Seng Tan; Roberto Dario Bacchini; Daniel Fernando Miguez Purpose – Based on the Normalized Difference Vegetation Index (NDVI)-based insurance developed by the Ministry of Agriculture, Livestock and Fisheries of Argentina (MAGyP) with technical...

...Lysa Porth; Ken Seng Tan; Chengguo Weng Purpose The purpose of this paper is to analyze the optimal reinsurance contract structure from the crop insurer's perspective. Design/methodology/approach A very powerful and flexible empirical‐based reinsurance model is used to analyze the optimal form...

... 2013 Agricultural finance Insurance Crops Crop insurance Collateral Grain producers Food security South Africa Grain producers Grain producers in South Africa, suppliers of produce used in staple food such as maize and wheat, are key role‐players in ensuring food security...

...Amy Khuu; Ernst Juerg Weber Purpose In Australia broadacre crops can be insured against hail and fire damage and some other perils but not against losses caused by drought, flood or frost. The purpose of this paper is to investigate the private provision of crop insurance in Western Australia...

...Milton Boyd; Jeffrey Pai; Lysa Porth Purpose The purpose of this research is examine the development of livestock mortality insurance, and associated challenges, in order to provide an improved understanding regarding the operation of livestock mortality insurance. Design/methodology/approach...

... including direct payments, create new revenue‐based commodity program options designed to cover “shallow” revenue losses, and also introduce supplemental crop insurance coverage for shallow revenue losses. Design/methodology/approach This paper documents the payment functions for the new revenue...

...Nicholas Paulson; Keith H. Coble; Thomas O. Knight; Mary Frances Miller; Barry J. Goodwin; Roderick M. Rejesus; Ryan Boyles Purpose The purpose of this research is to investigate the degree to which trends and structural change may have altered crop insurance expected loss cost ratios across time...

...Nicholas Paulson; Saqib Khan; Morina Rennie; Sylvain Charlebois Purpose The purpose of this research is to study the weather risk management practices of agriculture producers. In particular, the authors look at the extent to which farmers use weather derivatives to complement insurance. Unlike...

...Nicholas Paulson; Julia I. Borman; Barry K. Goodwin; Keith H. Coble; Thomas O. Knight; Rod Rejesus Purpose The purpose of this paper is to be an academic inquiry into rating issues confronted by the US Federal Crop Insurance program stemming from changes in participation rates as well...

...Geoffroy Enjolras; Robert Kast Purpose The purpose of this paper is to examine a new insurance policy against natural disasters. Design/methodology/approach The authors propose an optimisation model, which involves both the insurer and the farmer. The farmer decides to insure his farm...

...Raushan Bokusheva Purpose The design and pricing of weather‐based insurance instruments is strongly based on an implicit assumption that the dependence structure between crop yields and weather variables remains unchanged over time. The purpose of this paper is to verify this critical assumption...

...John McPeak; Sommarat Chantarat; Andrew Mude Purpose The purpose of this paper is to present the methods and findings of an experimental game designed to extend the concept of index‐based livestock insurance in northern Kenya, and analyze patterns of game play. The paper is designed to inform...

...Roderick M. Rejesus; Barry K. Goodwin; Keith H. Coble; Thomas O. Knight Purpose This article seeks to examine the reference yield calculation method used in crop insurance rating and provides recommendations that could potentially improve actuarial performance of the Federal crop insurance program...