The SURE program and its interaction with other federal farm programs

David Ubilava, Barry J. Barnett, Keith H. Coble, Ardian Harri

Research output: Contribution to journalArticlepeer-review

5 Scopus citations

Abstract

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.

Original languageEnglish
Pages (from-to)630-648
Number of pages19
JournalJournal of Agricultural and Resource Economics
Volume36
Issue number3
StatePublished - Dec 2011

Keywords

  • Crop insurance
  • Disaster assistance
  • Farm bill
  • SURE

ASJC Scopus subject areas

  • Animal Science and Zoology
  • Agronomy and Crop Science
  • Economics and Econometrics

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