Agricultural & Resource Economics
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Item Revenue Insurance Now Available For Dairy Producers(2018-10) Kuykendall, Olivia; Goeringer, PaulUSDA recently approved a financial risk management program for farmers who are vulnerable to dairy price fluctuations. The Dairy Revenue Protection program is buy-in insurance that covers a percentage of a producer’s expected quarterly revenue. Coverage is quarterly and the price depends on either the class or component of the milk products and the desired percentage of coverage. More information on the program, eligibility, limitations, pricing, where and how to buy can be found in this publication.Item Whole Farm Revenue Protection(2016-09-13) Nelson, LeiannItem Supplemental Coverage Option Expanding as Part of the Farm Safety Net(2016-09-08) Goeringer, Paul; Leathers, HowardThe 2014 Farm Bill created Supplemental Coverage Option (SCO), a new add-on crop insurance option which provides supplemental coverage on a producer’s underlying crop insurance policy. SCO operates by mimicking a producer’s individual crop insurance coverage and covering a portion of the deductible based on county-level yield or revenue. SCO is available in select Maryland counties for apples, barley, corn, grain sorghum, green peas, oats, peaches, processing beans, soybeans, sweet corn, and winter wheat, as of the 2017 crop year. USDA’s Risk Management Agency (RMA) continues to expand covered counties and crops covered, and begin distinguishing by practices (such as irrigated compared to non-irrigated).Item Crop Insurance For Maryland Field Crops And Livestock(2016-07-28) Harper, Jayson; Goeringer, PaulItem Federal Crop Insurance Program Expands in 2016 and 2017 to Cover More Organic Crops(2016-07-21) Goeringer, Paul; Leathers, HowardItem A Primer on Crop Insurance(2015-08) Leathers, Howard; Goeringer, PaulFundamentally, risk management on a farm is aimed at smoothing out the income or profit stream over time. This is accomplished by accepting lower incomes or profits during good times in exchange for higher incomes or profits during bad times. Crop insurance is an important tool for risk management. This paper describes comprehensively the details about how crop insurance works. Because crop insurance uses futures market prices in some important ways, the paper also briefly reviews how futures markets operate.Item Decisions Under 2014 Farm Bill - Central MD Example(2014-08) Leathers, HowardPresentation given in Central Maryland during the 2014 Farm Bill Workshops.Item Decisions Under 2014 Farm Bill - Northern MD Example(2014-08) Leathers, HowardThis is a presentation given in Northern Maryland during the 2014 Farm Bill Workshops by Howard Leathers.Item Decisions Under 2014 Farm Bill - Southern MD Example(2014-08) Leathers, HowardThis is a presentation given in Southern Maryland during the August 2014 Farm Bill WorkshopsItem 2014 Farm Bill Dairy Provisions(2014-08) Connelly, SteveProvides an overview of the risk management options that will be available for dairy producers under the 2014 Farm Bill