REFERENCES McCarl, B. A., & Hertel, T. W. (2018, February 16). Climate change as an agricultural economics research topic. Applied Economic Perspectives and Policy 40(1), 60-78. https://doi.org/10.1093/aepp/ppx052 Ranjan, P., Wardropper, C B., Eanes, F. R., Reddy, S. M. W., Harden, S. C., Masuda, Y. J., & Prokopy, L. S. 2019, January). Understanding barriers and opportunities for adoption of conservation practices on rented farmland in the US. Land Use Policy, 80, 214- 223. https://www.sciencedirect.com/science/article/abs/pii/S0264837718302722?_ga=2.174942629.628153569.1583629 669-957587712.1548293627&dgcid=author
Crop Insurance Products
Crop insurance is the number one tool farmers use to protect themselves against the risk of weather-related losses. There are two categories of crop insurance: crop-hail insurance (designed and sold by private insurers) and multi-peril crop insurance (designed by the Federal Crop Insurance Corporation (FCIC) then sold through private approved insurance providers). Crop-hail insurance for small grains is one of the most common insurance products. Within multi-peril crop insurance products, prevented planting coverage has helped many farmers through extreme weather that made it infeasible to plant. For farmers with natural or improved perennial forage areas, the Rainfall Index (RI) Pasture, Rangeland, Forage (PRF) insurance program has helped mitigate losses associated with precipitation shortfalls.
Annual waterways provide a great way to reduce soil erosion. Photo courtesy of Tyler Williams, University of Nebraska
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