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Index-based insurance, also known as index-linked insurance, weather-index insurance or, simply, index insurance, is primarily used in agriculture.Because of the high cost of assessing losses, traditional insurance based on paying indemnities for actual losses incurred is usually not viable, particularly for smallholders in developing countries.
Crop Revenue Coverage (CRC) is a form of revenue insurance that protects a producer's revenue for an insurable crop whenever low prices, low yields, or a combination of both causes revenue to fall below a guaranteed level selected by the producer.
Crop insurance is insurance purchased by agricultural producers and subsidized by a country's government to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods ("crop-yield insurance"), or the loss of revenue due to declines in the prices of agricultural commodities ("crop-revenue insurance").
In climate engineering, the residue-to-product ratio (RPR) is used to calculate how much unused crop residue might be left after harvesting a particular crop. Also called the residue yield or straw/grain ratio, the equation takes the mass of residue divided by the mass of crop produced, and the result is dimensionless.
In integrated pest management, the economic threshold is the density of a pest at which a control treatment will provide an economic return. [1]An economic Injuryis the insect's population level or extent of crop damage at which the value of the crop destroyed exceeds the cost of controlling the pest. [2]
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Feb. 17—HARLINGEN — Valley citrus has been battered and bruised over the last year, and for some growers, the extreme cold may put an end to hopes of big profits this season. "I told somebody ...
Catastrophic crop insurance (CAT) is a component of the U.S. federal crop insurance program, originally authorized by the Federal Crop Insurance Reform Act of 1994 (P.L. 103- 354). [1] CAT coverage compensates farmers for crop yield losses exceeding 50% of their average historical yield at a payment rate of 55% of the projected season average ...