Date of Award

12-2019

Degree Type

Report

Degree Name

Master of Science (MS)

Department

Applied Economics

Committee

Brandon Willis

Committee

Ryan Bosworth

Committee

Ryan Larsen

Committee

Tanner McCarty

Committee

Man-Keun Kim

Abstract

The purpose of this study is to delve into the functionality of the PRF insurance program. The primary goal is to uncover any underlying anomalies which may inadvertently skew data within the program. Because the USDA uses NOAA’s weather stations regardless of location or timing of activation, it is consequential that the collected precipitation data may be inconsistent across both time and space. This phenomenon could have substantial and significant effects on the RMA’s PRF insurance program, resulting in producers being compensated inaccurately for their insurance claims.

Included in

Finance Commons

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