All-Risk Crop Insurance: As An Aid To Survival Of Farm Businesses

dc.rights	North Dakota State University	en_US
dc.title	All-Risk Crop Insurance: As An Aid To Survival Of Farm Businesses	en_US
dc.type	Article	en_US
dc.description	Income from farming in North Dakota fluctuates widely from year to year because of variations in weather and prices. One objective of most farm operators is to organize their farm resources in a manner that will keep the variability of farm income at a minimum. The risk aversion strategy this article is concerned with is the all-risk crop insurance program offered by the Federal Crop Insurance Corporation. The all-risk crop insurance program insures against unavoidable losses from natural hazards. A study is reviewed in this article. It's objectives were to determine the effects of participation in the Federal Crop Insurance Corporation program on the level of income each year and over a period of years. And, to determine the effects of federal crop insurance on stabilizing farm income for a given year and over a period of years. The results of the study indicate that federal all-risk crop insurance can be a very important tool or strategy to use in aiding farm firm survival.
dc.date.accessioned	2014-12-04T20:14:12Z
dc.date.available	2014-12-04T20:14:12Z
dc.date.issued	1968
dc.identifier.uri	http://hdl.handle.net/10365/24653
dc.creator.author	Schaffner, L. W.
dc.creator.author	Olson, Carl E.
dc.creator.author	Powell, Dennis L.
dc.relation.ispartof	Farm Research; 26:2; Nov/Dec 1968