Federal Programs for Agricultural Risk Management

by Dylan Turner, Francis Tsiboe, Katherine Baldwin, Brian Williams, Erik Dohlman, Gregory Astill, Sharon Raszap Skorbiansky, Vidalina Abadam, D. Adeline Yeh, and Russell Knight

This report provides a broad overview of the Federal programs that are designed to help agricultural producers manage risks to income or profitability caused by natural and economic forces. This report refers to these programs as “risk management programs.” Focus is given to risk management programs that are available under the Agriculture Improvement Act of 2018 (i.e., 2018 Farm Bill) with an emphasis on programs for crop and livestock producers that are available under Title I: Commodity Programs or Title XI: Crop Insurance. Available policies for managing production and price risk are discussed with recent trends in program enrollment and outlays provided.

How to Cite:

Turner, D., Tsiboe, F., Baldwin, K., Williams, B., Dohlman, E., Astill, G., Raszap Skorbiansky, S., Abadam, V., Yeh, D. A., & Knight, R. (2023). Federal programs for agricultural risk management (Report No. EIB-259). U.S. Department of Agriculture, Economic Research Service. https://dx.doi.org/10.32747/2023.8321812.ers

Keywords: Farm Bill, risk management, crop insurance, ad-hoc disaster assistance, Agriculture Risk Coverage (ARC), Price Loss Coverage (PLC)

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