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Economic Perspectives, Vol. 5, 3rd, No. 5, 1981
A new role for federal crop insurance
The federal crop insurance program has been revised under provisions of the Federal Crop Insurance Act that was signed in September 1980. The revisions represent an important change in policy and are intended to establish the Federal Crop Insurance Corporation (FCIC) as the primary institution offering farmers protection against low crop yields.


Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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