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Should The World Emulate US Crop Insurance?

2015-12-17 17:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: With the increased frequency and severity of extreme weather events adversely affecting agricultural outputs and farmers' incomes, commercial crop insurance has been touted as the solution for vulnerable farmers all over the world. Financial and farm interests have been promoting US crop insurance as the solution. It is instructive to consider lessons from the 2012 drought. Driven by the expectation of high maize prices, owing to the maize bio-ethanol mandate introduced almost a decade ago, US farmers...

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