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Participation in Yield and Revenue Insurance Products: What Are Important Factors? By Shiva Makki, Agapi Somwaru, and Joy Harwood ERS Elsewhere No. 0106, May 2001 This article in the Journal of Agricultural Lending examines farmers' insurance choices. Analyzing the demand for yield and revenue insurance products among corn and soybean producers who purchased insurance in Iowa in 1997, the authors find that high-risk farmers are more likely than low-risk farmers to have chosen higher coverage level contracts and revenue insurance. Across time, the availability of revenue insurance caused additional people to buy insurance and caused certain poducers to switch from yield to revenue insurance. Keywords: insurance participation, yield insurance, revenue insurance, crop insurance, crop revenue coverage, risk, corn producers, soybean producers Get this document in Adobe Acrobat PDF format. web administration: webadmin@ers.usda.gov page updated: June 8, 2001

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