Whole-Farm Revenue Insurance for Crop and Livestock Producers
探讨将美国农业部农作物保险计划扩展至牲畜生产者,以应对1998年猪价暴跌等收入风险,分析价格保险或收入保险对生产者的潜在益处。
The collapse in hog prices in the fall of 1998 has renewed interest in using insurance as a means of providing an affordable safety net to U.S. farmers. One option that has received attention is to expand the U.S. Department of Agriculture’s crop insurance program to include livestock producers. Because the ongoing financial crisis in the hog sector was not caused by production or disease problems, it is apparent that producers could have benefited from either price insurance or revenue insurance.