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Proposed farm revenue programs and crop insurance illustrated

It is likely the commodity title of the next farm bill will include a program designed to provide protection against declines in farm revenues from some sort of guarantee based on historical averages. While the specific parameters of such a program will continue to be debated, two distinct program design themes have emerged and been coined “deep loss” and “shallow loss” programs.

Continue reading at: http://www.farmdocdaily.illinois.edu/2012/04/graphical_illustrations_of_pro.html

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