New Agricultural Insurance Study Findings Recently Were Reported by Researchers at Adnan Menderes University (Parameters That Motivate Table Olive Farmers To Buy Agricultural Insurance: the Case of Western Turkey): Agriculture – Agricultural Insurance

2022 JUN 07 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- New research on Agriculture - Agricultural Insurance is the subject of a report. According to news reporting originating in Aydin, Turkey, by NewsRx journalists, research stated, “Defining components that affect agricultural insurance contract decisions is indispensable to the sustainability of table olive cultivation in the region. The Akhisar district is located within the borders of Manisa province, a region in Turkey in which traditional, and the most famous, table olive varieties are grown.”

The news reporters obtained a quote from the research from Adnan Menderes University, “This study explores parameters that predict the decisions of farmers in this district to purchase agricultural insurance and identifies perceptions of agricultural insurance in the region. A survey was conducted among 121 purposefully selected farmers. Some farmers’ sociodemographic characteristics and their households were identified using basic descriptive statistics, such as arithmetic means and percentage rates, and factors that affect farmers’ decisions to buy agricultural insurance were defined using binary logistic regression. Although table olive farmers could insure their products against risk by buying full hail and frost packages within the scope of crop insurance, the desired success with agricultural insurance has not been achieved. Although the agricultural insurance that covers farmers who grow table olives remains insufficient, it still plays a role in patterns of agricultural production in the region, results in greater income than other agricultural products, and contributes to the government’s premiums for agricultural insurance.”

According to the news reporters, the research concluded: “Future studies should expand insurance practices to improve farmers’ perceptions of agricultural insurance, especially regarding drought yield insurance for perennial fruit trees, including table olives.”

This research has been peer-reviewed.

For more information on this research see: Parameters That Motivate Table Olive Farmers To Buy Agricultural Insurance: the Case of Western Turkey. Erwerbs-Obstbau, 2022. Erwerbs-Obstbau can be contacted at: Springer, One New York Plaza, Suite 4600, New York, Ny, United States. (Springer - www.springer.com; Erwerbs-Obstbau - http://www.springerlink.com/content/0014-0309/)

Our news correspondents report that additional information may be obtained by contacting Naciye Tok, Adnan Menderes University, Atca Vocat Sch, Dept Agr Business, Aydin, Turkey. Additional authors for this research include Ferit Cobanoglu and Renan Tunalioglu.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1007/s10341-022-00682-x. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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