Crop insurance impacts land costs

Crop insurance subsidies found to have value to producers, and some subsidies get bid into land costs.

The current crop insurance programs involve a complex maze of subsidies, coverage levels, units, production history and other requirements and decisions. The Iowa State University Center for Rural Affairs, along with professor emeritus of economics Mike Duffy, released a report that explores the impact subsidized crop insurance has on land values.

“My greatest concerns are whether unlimited crop insurance subsidies interfere with smaller farmers and beginning farmers getting access

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