Rutgers New Jersey Agricultural Experiment Station [Food Policy Research]

Project Details

Developing Weather Based Risk Management and Insurance Products for NAP and Specialty Crops in the US

Research Team: Calum Turvey

Project Duration: 9/2002 to 8/2006

This research will investigate the relationship between weather and risk for NAP and specialty crops in the U.S. and to develop new actuarial insurance models based on rainfall and heat that can be applied to these crops. It also represents the first of its kind to evaluate alternative weather based insurance and derivatives for specialty crops in U.S. agriculture.

Funding Agency: USDA - Risk Management Agency

Contact: Calum Turvey

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