Study indicates rising temperatures will increase yield risk, crop insurance premium rates
In a different approach, agricultural economists use ‘cause of loss’ crop insurance data MANHATTAN, Kan. – Kansas State University agricultural economists have taken a different approach than most to determine the risk farmers face in growing crops under increasingly higher average temperatures. The results indicate that yield risk will increase in response to warmer weather, with a 1 degree Celsius increase associated with yield risk increasing by approximately 32% for corn and 11%…