Powered by OpenAIRE graph
Found an issue? Give us feedback
addClaim

Crop-Hail Insurance, 1965--Volume, Cost, Indemnities

Authors: Jones, Lawrence A.; Jones, Lawrence A.;

Crop-Hail Insurance, 1965--Volume, Cost, Indemnities

Abstract

Excerpts from the report: The volume of crop-hail insurance in the United States expanded in most years since the 1930's and reached an alltime high of $3.1 billion in 1965. It was about 6 percent above 1964 and nearly half again as high as in 1955. The rising trend in coverage largely reflects the increasing costs of production and the higher valuation of many crop harvests. Purchases of hail insurance by farmers vary among and within States, depending upon such factors as the likelihood of hail during the growing season and the susceptibility of the crops grown to hail damage. Hail is most frequent in the Mountain and Plains regions and least frequent in western parts of the Pacific States and southern sections of Texas and Florida. The Corn Belt accounted for slightly more than half of all crop-hail insurance in the United States in 1965. Although hail is only moderately frequent in that region, severe damage occurs at times and the risk in terms of production costs and crop values is relatively high. The Northern Plains region is next in use of crop-hail insurance because of frequent hail losses to wheat and other small grains. The susceptibility of tobacco to hail damage is the major cause of the comparatively large amount of insurance in the Appalachian region.

Keywords

Agricultural and Food Policy, Risk and Uncertainty, Crop Production/Industries

  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Upload OA version
Are you the author of this publication? Upload your Open Access version to Zenodo!
It’s fast and easy, just two clicks!