Preferences for crop insurance when farmers are diversified

Article Abstract:

Preferences for crop insurance in California are determined by farm size and manager, farm product, and risk environment. Those who are more likely to insure are small farm owners, those with low off-farm incomes, or have high debt levels, or who suffered recent yield losses, or are growing perennial crops. Although diversification is a better alternative to crop insurance, some diversified farmers still insure. Some big farms also opt to insure as well as those with high sales revenues. In general, crop insurance programs applicable in Midwest are not necessarily so in other places.

Agriculture, Crop Production, Insurance carriers, not elsewhere classified, Insurance NEC, Other Direct Insurance (except Life, Health, and Medical) Carriers, Management, Insurance, Crop insurance, Farm risks

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FLCs: an analysis of labor management transfers among California agricultural producers

Article Abstract:

Failure to control the flow of illegal immigrant workers has resulted to the increased use of farm labor contractor (FLC) versus hired labor in the farm labor market. Studies designed to examine the increasing presence of FLC identified lower recruitment and administrative costs and the ease of recruiting workers as the primary factors for greater FLC usage among growers. Growers also perceived themselves to be exposed to less labor risk by using contract labor because they would have less labor management concerns.

Farm labor contractors, Farm Labor Contractors and Crew Leaders, Analysis, Labor relations, Employment, Immigrants, Labor market, Agricultural services, Agricultural laborers

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The new risk environment in California agriculture

Article Abstract:

A risk measurement tool known as the portfolio model is used to evaluate the response of agricultural producers in California to a perceived change in the degree of risk in agriculture. Results of the test show that producers would react as if the situation were a transitional one. The characteristics of transitional periods are well known, chief of which is its recession-feeding ability. Thus, any change in risk factors for the worse could upset agricultural production in the state.

Economic aspects, Risk (Economics), Agricultural economics

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