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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.
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 ...
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]
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 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").
Aug. 15—LA GRANDE — Farmers in Union County are describing the hailstorm that hit Union County late last week as among the worst they have seen. "It was pretty significant, pretty severe ...
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 ...
A hemp farmer has filed a federal lawsuit against the South Carolina Law Enforcement Division, the South Carolina Department of Agriculture and the South Carolina Attorney General’s Office ...