The 2014 Farm Act Agriculture Risk Coverage, Price Loss Coverage, and Supplemental Coverage Option Programs' Effects on Crop Revenue
Economic Research Report No. (ERR-204) 59 pp, January 2016
This report provides an analysis of the Agriculture Risk Coverage (ARC), the Price Loss Coverage (PLC), and the Supplemental Coverage Option (SCO) programs in the 2014 Farm Act. The report is aimed at better understanding the underlying mechanics of the programs and how various combinations of the programs impact producer revenues, producer well-being, and expected program costs.
Keywords: 2014 Farm Act, Agriculture Risk Coverage, crop insurance, crop revenue, Supplemental Coverage Option
In this publication...