University of Florida Researcher Releases New Data on Crop Insurance (A Crop Insurance Policy That Has Paid Off for Citrus Growers): Agriculture – Crop Insurance

2024 AUG 21 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Fresh data on crop insurance are presented in a new report. According to news originating from the University of Florida by NewsRx correspondents, research stated, “This document discusses the introduction of the Actual Production History (APH) policy for Florida citrus growers by the U.S.”

The news editors obtained a quote from the research from University of Florida: “Department of Agriculture Risk Management Agency (RMA) in 2022. The APH policy allows growers to insure their crops based on historical yield records, offering higher guarantees compared to the Dollar Amount policy. The article compares the performance of APH and Dollar Amount policies for the 2022 and 2023 seasons, highlighting that APH provided higher average indemnities and payoffs.”

According to the news editors, the research concluded: “It also addresses considerations for growers when choosing crop insurance policies, particularly in light of catastrophic weather events and the impact of HLB on citrus yields.”

For more information on this research see: A Crop Insurance Policy That Has Paid Off for Citrus Growers. EDIS, 2024,2024. The publisher for EDIS is The University of Florida George A. Smathers Libraries.

Our news journalists report that additional information may be obtained by contacting Ariel Singerman, University of Florida.

(Our reports deliver fact-based news of research and discoveries from around the world.)