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PRIMER: Revenue Insurance in the 2012 Farm Bill


This is a simple collection of online articles to explain and interpret revenue insurance to farm bill advocates.  I’ve taken the trouble to collect the titles and links (ie. by going through APAC’s year long lists of articles on a variety of farm policy topics,) to create accessibility to these Revenue Insurance articles.  They come from IATP and APAC, two sources that do excellent work on these and other farm policy issues.  The main APAC links to most of this (and other important topics) are links to weekly columns for the year 2011 (ie. fall) and for the year 2012.  They are linked here, along with other materials, for convenience, and roughly divided into 2 categories.  The columns in part B ALSO link to the ORIGINAL documents of the various groups (ie. Farm Bureau, EWG).

A. Background:  Revenue Insurance and the Farm Bill

Brad Wilson, Talking Points for the 2012 Farm Bill: ZSpace, 5/13/12, (http://www.zcomm.org/talking-points-for-the-2012-farm-bill-by-brad-wilson)  A short summary of points about Revenue Insurance and other proposals. 

Daryll E. Ray, Crop Insurance and Disasters,” Agricultural Policy Analysis Center, University of Tennessee, September 27, 2002, http://agpolicy.org/weekcol/112.html

Daryll E. Ray, Insurance being touted as core of 2007 Farm Bill,”

Agricultural Policy Analysis Center, University of Tennessee, October 7, 2005 #270, http://agpolicy.org/weekcol/270.html 

Daryll E. Ray,  Focus on farm income variability leads to ‘fire-insurance-like’ policy alternatives,” Agricultural Policy Analysis Center, University of Tennessee, http://agpolicy.org/weekcol/326.html

Daryll E. Ray, The morphing of crop insurance,” Agricultural Policy Analysis Center, University of Tennessee, October 2, 2009, http://www.agpolicy.org/weekcol/479.html

Daryll E. Ray, ACR: Strong safety net when prices are high but snaps when prices fall,” Agricultural Policy Analysis Center, University of Tennessee, November 2, 2007, http://www.agpolicy.org/weekcol/378.html

Dr. Steve Suppan, Revenue-based Countercyclical Payments: U.S. Policy Disaster Relief? Institute for Agriculture and Trade Policy, April 10, 2007, http://www.iatp.org/documents/revenue-based-countercyclical-payments-us-policy-disaster-relief

IATP, Revenue-based Countercyclicals: A Poor Substitute,” Institute for Agriculture and Trade Policy, September 12, 2007, http://www.iatp.org/search/node/%22Revenue-Based%22

Daryll E. Ray & Harwood D. Schaffer,Purely privatized crop insurance program: What does that mean?,” Agricultural Policy Analysis Center, University of Tennessee, September 17, 2010, http://agpolicy.org/weekcol/529.html

Daryll E. Ray & Harwood D. Schaffer, Insurance is an effective within-year price safety net but fails across years,” Agricultural Policy Analysis Center, University of Tennessee, October 14, 2011 #585, HTML:  http://agpolicy.org/weekcol/585.html, PDF:   http://agpolicy.org/weekpdf/585.pdf.

Daryll E. Ray & Harwood D. Schaffer, Farm programs indirectly affect agribusiness sales—increasingly with direct cash subsides,” Agricultural Policy Analysis Center, University of Tennessee, March 16, 2012 #607 http://agpolicy.org/weekcol/607.html

Price and yield (and revenue) risks: Is insurance up to the task of handling them all? Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee, May 25, 2012 #617.

 

Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee, Revenue insurance: Adds a layer of middlemen and self-lowering safety net,” June 1, 2012 #618.

Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee, Public trust is a terrible thing to waste,” June 8, 2012 #619.

Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee, Crop insurance’s need to guard against guaranteeing profits on marginal land,” June 15, 2012 #620

B. Series:  Specific Revenue Insurance Proposals for the 2012 Farm Bill

Daryll E. Ray & Harwood D. Schaffer, American Farm Bureau’s farm bill proposal

October 7, 2011 #584, HTML:  http://agpolicy.org/weekcol/584.html, PDF:   http://agpolicy.org/weekpdf/584.pdf

Daryll E. Ray & Harwood D. Schaffer, NCGA proposes ACRE modifications for 2012 Farm Bill,” October 21, 2011 #586, HTML:  http://agpolicy.org/weekcol/586.html, PDF:   http://agpolicy.org/weekpdf/586.pdf

Daryll E. Ray & Harwood D. Schaffer, American Soybean Association pitches its farm program proposal into the 2012 FB ring October 28, 2011 #587, HTML:  http://agpolicy.org/weekcol/587.html, PDF:   http://agpolicy.org/weekpdf/587.pdf

Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee, November 11, 2011 #589, Environmental Working Group proposes major changes in farm program,” HTML:  http://agpolicy.org/weekcol/589.html, PDF:   http://agpolicy.org/weekpdf/589.pdf

Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee, November 18, 2011 #590, Economist’s suggestion: Revamp revenue insurance to reduce taxpayer-paid windfalls,” HTML:  http://agpolicy.org/weekcol/590.html, PDF:   http://agpolicy.org/weekpdf/590.pdf

Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee, FSA employees’ association says: ‘Let us do the crop insurance,’” February 17, 2012 #603 http://agpolicy.org/weekcol/603.html

Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee, Crop insurers react to FSA employees’ proposal,” February 24, 2012 #604, http://agpolicy.org/weekcol/604.html

 

Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee,May 18, 2012 #616 Lucas and Peterson: Crop insurance is not a safety net when prices collapse

 

Daryll E. Ray & Harwood D. Schaffer, Agricultural Policy Analysis Center, University of Tennessee, Senate farm bill proposal assumes current crop-price conditions June 29, 2012 #622.

 

The Broader Context of Revenue Insurance and Farm Subsidies

Primer:  Farm Justice Proposals for the 2012 Farm Bill:  (http://www.zcomm.org/primer-farm-justice-proposals-for-the-2012-farm-bill-by-brad-wilson)   Three key farm justice policy proposals that are needed in the 2012 Farm Bill, with online information to explain them and back them up.  These are the needed alternatives to revenue Insurance and other farm subsidies.

Fact Sheet:  Farm Justice Proposals for the 2012 Farm Bill, (http://www.zcomm.org/fact-sheet-farm-justice-proposals-for-the-2012-farm-bill-by-brad-wilson) A brief explanation of the Primer above.

(Note:  I’ve added more references since my original posting.)

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