Federal programs for agricultural risk management

Abstract

This report provides a broad overview of the Federal programs that are designed to help agricultural producers manage risks to income or profitability caused by natural and economic forces. This report refers to these programs as “risk management programs.” Focus is given to risk management programs that are available under the Agriculture Improvement Act of 2018 (i.e., 2018 Farm Bill) with an emphasis on programs for crop and livestock producers that are available under Title I: Commodity Programs or Title XI: Crop Insurance. Available policies for managing production and price risk are discussed with recent trends in program enrollment and outlays provided.