Cotton Management Economic Notes, Volume 5, No. 4
Citation
Tronstad, Russell. (1996). Cotton Management Economic Notes, Vol. 5, No. 4. The Department of Agricultural and Resource Economics, The University of Arizona.Abstract
In a State that relies entirely on irrigation water for cotton production, crop insurance may seem like a poor investment. Afterall, drought and heat related crop losses account for 47% of all crop loss insurance claims in the US. Followed by 22% for excess moisture, 13% for cold/ frost, 9% for hail damage, 3% for diseases, 2% for wind, 2% for flood, and 1% for insect damage. But is rolling the dice a wise practice, even if the odds of having a production wreck are low?Type
Periodicaltext