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Featured Publications

Mitigating Structural Inequities in U.S. Agricultural Risk Management

The results of this research indicates that minority and veteran farmers are disproportionately located in regions of the U.S. with higher risks of drought and excess precipitation. Yet, these producer groups had lower use of crop insurance prior to the implementation of the 2018 Farm Bill. However, the incentive programs created under the 2018 Farm Bill have increased use of federal crop insurance among these vulnerable populations.

Actuarial implications of prevented planting coverage

The results of this research shows that, on average, higher PP shares have little effect on loss ratios, but regions where PP exceeds 20% of indemnities see significant increases in loss ratios. This indicates actuarial performance weakens when PP payments dominate other perils. A counterfactual simulation treating PP as a production loss suggests improved loss ratios for historically PP-intensive crops but at the cost of higher premiums and potentially lower insurance demand.

When Disaster Strikes the Billing Date: A Scoping Review of Crop Insurance Interest Deferrals

This white paper reviews the Federal Crop Insurance Corporation’s (FCIC) deferral of interest on unpaid premiums after natural disasters. Since the 2012 shift to an August 15 billing date, FCIC has routinely granted 60-day waivers during severe weather or national emergencies, providing producers liquidity but delaying federal receipts. Between 2019 and 2023, over $18 billion in premiums were deferred, representing $510 million in implicit subsidies. The analysis examines effects on actuarial soundness, budget scoring, and moral hazard, and outlines policy options to balance producer relief with fiscal discipline amid rising weather risks.

2025

California Retail Pork Prices and Consumption Two Years into the Proposition 12 Implementation

ARPC White Paper

Wuit Yi Lwin, Joseph Cooper, Seth Meyer, Sandro Steinbach

2025

Mitigating Structural Inequities in U.S. Agricultural Risk Management

Journal of Agricultural and Applied Economics

Amy D. Hagerman, K. Aleks Schaefer, Andrew J. Van Leuven, Francis Tsiboe, Alicia M. Young and Yacob Abrehe Zereyesus

2025

Risk reduction impacts of crop insurance in the United States

Applied Economic Perspectives and Policy

Francis Tsiboe, Dylan Turner, Katherine Baldwin, Brian Williams, Matthew Miller, Erik Dohlman

2025

Charting the Path to Increased Oil Palm Output in Ghana Beyond Area Expansion: Technology or Managerial Capacity — Which Leads the Way?

Agribusiness

Jacob Asravor, Francis Tsiboe, Ayobami Adetoyinbo, Jacob Ankamah

2025

Actuarial implications of prevented planting coverage

Applied Economic Perspectives and Policy

Dylan Turner, Francis Tsiboe, Hunter Biram, Lawson Connor

2025

Highways and Hog Markets: Evidence from the 1947 Interstate Plan

2025 AAEA & WAEA Joint Annual Meeting

Paudel, Krishna P, Keller, Andrew

2025

Crop Insurance Participation and Cover Crop Use: Evidence From Agricultural Resource Management Survey Data

Journal of Agricultural and Applied Economics

Dylan Turner, Francis Tsiboe, Maria Bowman and Roderick M. Rejesus

2025

Incorporating buy-up price loss coverage into the United States farm safety net

Applied Economic Perspectives and Policy

Francis Tsiboe, Dylan Turner

Explore our recent research, commentary, and updates on evolving challenges in agricultural risk and policy.

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