Agricultural Economics Department
Cornhusker Economics
Date of this Version
10-11-2023
Document Type
Article
Citation
Cornhusker Economics (October 11, 2023)
Agricultural Economics, University of Nebraska-Lincoln
Abstract
Federal crop insurance programs have existed since the 1930s, but for livestock producers, federal insurance programs were virtually nonexistent until the past 20 years. Livestock producers may not face exactly the same production risks that crop producers face, but they do face similar production risks related to grazing capacity and forage production and of course face price risks just like crop producers do.
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