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A Free Resource for Understanding Crop Insurance

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Surviving the Farm Economy Downturn: 2026 Update

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The FARM Champion Spotlight + Farmer Success

Crop Insurance 101: Inside The Fundamentals of Federal Crop Insurance Workbook

By Dr. Hunter Biram

The Fundamentals of Federal Crop Insurance provides a practical introduction to the federal crop insurance program, including its history, structure, economic rationale, major products, and application requirements. The workbook explains how federal crop insurance operates as a public-private partnership administered by USDA’s Risk Management Agency.

Readers learn about individual plans—including Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion—which base guarantees and indemnities on farm-level production. The workbook also covers area products that use county yields, revenues, rainfall, or other indexes, including SCO, ECO, and Pasture, Rangeland, and Forage. It explains how product selection, coverage levels, unit structures, and documentation affect the protection available to an individual farm.

Specialized products, including Whole Farm Revenue Protection and Micro Farm, are also discussed. Together, the chapters present crop insurance as a customizable tool that supports broader farm financial and risk management.


The complete workbook is available as a free PDF. Readers may also complete the material at no cost through the self-paced UADA-Learn platform and receive a certificate of completion. To purchase a hard copy, contact Dr. Biram at hdbiram@uark.edu.

 

FEATURED AgFTAP RESOURCE

Surviving the Farm Economy Downturn: 2026 Update


The 2026 Update contains 24 articles from ag economists offering valuable information to producers and landowners as they attempt to navigate the current downturn.


 

Learn more about AgFTAP! Call 1-888-200-6013

 

Featured FARM Champion Spotlight +

Farmer Success Story

 

 

A farm family working to transition their operation to a grandson faced the challenge of protecting his future on the farm while also providing for their children. Through ongoing conversations with Paul, the family explored succession tools and began taking proactive steps toward a thoughtful transition. Their experience shows how risk management education can help families navigate difficult decisions before a crisis occurs and better position the farm for the next generation.

Learn more about Paul’s work


 
 

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This material is based upon work supported by the U.S. Department of Agriculture, under agreement No. FSA22CPT0012189.