Case Studies on the Use of Crop Insurance in Managing Risk

Brent A Gloy and A. Edward Staehr ( January, 2009 )

Summary

Managing the risk associated with farming is challenging. Fortunately, farmers have a variety of risk management tools at their disposal. This series of case studies examines how crop insurance can be used to manage some of the risks faced by farmers. The examples illustrate how crop insurance purchases would impact the returns generated to a farming enterprise. While the examples cover a variety of commodities and insurance products, they do not consider every possible risk that might arise. Likewise, they do not consider all of the possible financial situations that might be experienced by a farmer. Instead, they focus on highlighting how crop insurance impacts the profitability of the farm.

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Details

Publisher

Cornell University

Publication Views

169

Material Type

Written Material