Crop Insurance in Missouri

Crop insurance offers producers a way to manage risk associated with commodity production and prices. Crop insurance can decrease the production risk associ- ated with weather, pests and insects and the price risk associated with fluctuating markets. The Risk Manage - ment Agency (RMA) of the U.S. Department of Agri- culture (USDA) administers the Federal Crop Insurance Corporation and other programs to help support U.S. agriculture. Currently RMA reports crop insurance data back to 1989. This publication summarizes the data from 1990 to 2006. Crop insurance products There are two basic types of crop insurance — yield insurance and revenue insurance (Table 1). The follow- ing descriptions of crop insurance products available in Missouri are provided by the USDA RMA (http://www2. rma.usda.gov/policies/). Yield-based insurance coverage