Established in the 2008 Farm Bill and re-authorized in the 2014 Farm Bill, the Sodsaver Provision aims to dis-incentivize converting native grassland to cropland by restricting crop insurance coverage or premium subsidy to cropland that is newly converted from native sod. We recently published a study in the Journal of Agricultural and Resource Economics that […]
Author Archive | Ruiqing Miao, David Hennessy and Hongli Feng
Linkage between Federal Crop Insurance Program and the Conservation Reserve Program: Implications for Budgetary Outlays and Environmental Efficiency
We recently published a study in Land Economics that reveals a potentially significant overlooked budgetary cost savings by linking the Conservation Reserve Program (CRP) with the Federal Crop Insurance Program (FCIP). To explain, we will first briefly describe the two programs. Established in 1985, the Conservation Reserve Program (CRP) involves federal government contracts with farmers […]