The Sure Program and Its Interaction with Other Federal Farm Programs

We investigate potential effects of the Supplemental Revenue Assistance Payments (SURE) program introduced in the 2008 Farm Bill. Results suggest little impact on optimal crop insurance purchase decisions, though the SURE program does seem to provide an incentive for mid-level insurance coverage. Fo...

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Bibliographic Details
Main Authors: David Ubilava, Barry J. Barnett, Keith H. Coble, Ardian Harri
Format: Article
Language:English
Published: Western Agricultural Economics Association 2011-12-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/119184
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author David Ubilava
Barry J. Barnett
Keith H. Coble
Ardian Harri
author_facet David Ubilava
Barry J. Barnett
Keith H. Coble
Ardian Harri
author_sort David Ubilava
collection DOAJ
description We investigate potential effects of the Supplemental Revenue Assistance Payments (SURE) program introduced in the 2008 Farm Bill. Results suggest little impact on optimal crop insurance purchase decisions, though the SURE program does seem to provide an incentive for mid-level insurance coverage. For producers in the price counter-cyclical payment (PCCP) program, SURE payments are actually higher (lower) when commodity prices are high (low). This is not the case for producers in the Average Crop Revenue Election (ACRE) program.
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spelling doaj.art-9d9be8744004453e97a2492dd3ad23ed2022-12-21T19:47:22ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82852011-12-0136363064810.22004/ag.econ.119184119184The Sure Program and Its Interaction with Other Federal Farm ProgramsDavid UbilavaBarry J. BarnettKeith H. CobleArdian HarriWe investigate potential effects of the Supplemental Revenue Assistance Payments (SURE) program introduced in the 2008 Farm Bill. Results suggest little impact on optimal crop insurance purchase decisions, though the SURE program does seem to provide an incentive for mid-level insurance coverage. For producers in the price counter-cyclical payment (PCCP) program, SURE payments are actually higher (lower) when commodity prices are high (low). This is not the case for producers in the Average Crop Revenue Election (ACRE) program.https://ageconsearch.umn.edu/record/119184crop insurancedisaster assistancefarm billsure
spellingShingle David Ubilava
Barry J. Barnett
Keith H. Coble
Ardian Harri
The Sure Program and Its Interaction with Other Federal Farm Programs
Journal of Agricultural and Resource Economics
crop insurance
disaster assistance
farm bill
sure
title The Sure Program and Its Interaction with Other Federal Farm Programs
title_full The Sure Program and Its Interaction with Other Federal Farm Programs
title_fullStr The Sure Program and Its Interaction with Other Federal Farm Programs
title_full_unstemmed The Sure Program and Its Interaction with Other Federal Farm Programs
title_short The Sure Program and Its Interaction with Other Federal Farm Programs
title_sort sure program and its interaction with other federal farm programs
topic crop insurance
disaster assistance
farm bill
sure
url https://ageconsearch.umn.edu/record/119184
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