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August 28, 2015
Financial Management
This study examines the effectiveness of a relatively new whole‐farm revenue insurance product,
Adjusted Gross Revenue‐Lite (AGR‐Lite), on net farm income risk for 49 southeast Kansas beef farms using farm‐
level data. AGR‐Lite is whole‐farm revenue insurance, which provides protection against low revenue resulting
from natural disasters causing production losses and commodity market fluctuations that affect revenue. AGR‐
Lite may be used as a stand‐alone product or as an umbrella (wraparound) policy allowing producers to use
AGR‐Lite in conjunction with alternative insurance policies.
…
August 28, 2015
KFMA Research
This study examines the effectiveness of a relatively new whole‐farm revenue insurance product,
Adjusted Gross Revenue‐Lite (AGR‐Lite), on net farm income risk for 49 southeast Kansas beef farms using farm‐
level data. AGR‐Lite is whole‐farm revenue insurance, which provides protection against low revenue resulting
from natural disasters causing production losses and commodity market fluctuations that affect revenue. AGR‐
Lite may be used as a stand‐alone product or as an umbrella (wraparound) policy allowing producers to use
AGR‐Lite in conjunction with alternative insurance policies.
…
Age of Operator
35.4917442.7715328621
Other Crops103
Alfalfa Hay104 579
Other … 807510315
Vegetables106
Truck Crops107
Fruits-Flowers-Trees108
Irrigated … Sorghum110
Soybeans111
Sunflowers112
Wheat113
Other Crops114
Alfalfa Hay115
Other …
Age of Operator
32,000
16 OTHER CROP … 20,408
18 CROP INSURANCE PROCEEDS … 37,056
27 SEED-OTHER CROP EXPENSE …
Age of Operator
24,174
16 OTHER CROP … 59,605
18 CROP INSURANCE PROCEEDS … 58,098
27 SEED-OTHER CROP EXPENSE …
Age of Operator
11,673
16 OTHER CROP … 34,995
18 CROP INSURANCE PROCEEDS … 17,459
26 SEED-OTHER CROP EXPENSE …
Age of Operator
13,180
16 OTHER CROP … 14,619
18 CROP INSURANCE PROCEEDS … 28,761
27 SEED-OTHER CROP EXPENSE …
Age of Operator
10,330
16 OTHER CROP … 26,324
18 CROP INSURANCE PROCEEDS … 12,210
26 SEED-OTHER CROP EXPENSE …
Age of Operator
16,095
16 OTHER CROP … 30,195
18 CROP INSURANCE PROCEEDS … 29,490
27 SEED-OTHER CROP EXPENSE …
Age of Operator
10,682
16 OTHER CROP … 41,693
18 CROP INSURANCE PROCEEDS … 42,675
27 SEED-OTHER CROP EXPENSE …