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A Primer on Crop Insurance
Fundamentally, 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 ...
Supplemental Coverage Option Expanding as Part of the Farm Safety Net
The 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 ...