Computing Average Per Acre Indemnity Payments for Corn in Iowa
估计了爱荷华州玉米在传统多重险和两种新收入保险产品下的每英亩平均赔偿金,发现收入保护险赔偿最低,东南部赔偿最高。
This study estimates average per acre indemnity payments for Iowa corn for traditional multiple-peril crop insurance and two new revenue insurance products, Crop Revenue Coverage and Income Protection. Yield and price difference distributions are formed and employed in 1,000 simulation runs. From these simulations, corn yields for all 99 Iowa countries and futures prices are collected. These are used to calculate per acre indemnities under the three insurance products. Income Protection has the smallest per acre indemnities across the state, followed by multiple-peril and Crop Revenue Coverage. Per acre indemnities are the lowest in northwest Iowa and highest in southeast Iowa.