Table 1. Comparative insurance per acre and per dollar of farmer paid premium compared

 to cotton, selected states and crops insured in 1998 

State Crop

 Type of 

 coverage 

# of 

policies 

Acres

insured 

 Coverage as sold

 Value per

acre dollar 

 At 65% level

 Value per 

acre dollar 

Ratio to 

cotton 

Table 1. Comparative insurance per acre and per dollar of farmer paid premium compared to cotton, selected states and crops insured in 1998 

State Crop

 Type of 

 coverage 

# of Acres

policies insured 

 Coverage as sold

 Value per

acre dollar 

 At 65% level

 Value per 

acre dollar 

Ratio to 

cotton 

Alabama Corn Buy-up 50 99 10,223 100 33.71 130 16.72 1.08 Alabama Corn Cat 50 740 82,687 51 N/A 111 13.85 0.82 Alabama Corn Buy-up 65 449 45,246 128 15.31 128 15.31 0.92 

Alabama Cotton Buy-up 50 221 52,648 237 31.34 309 15.55 1.00 

Alabama Cotton Cat 50 439 97,845 137 N/A 297 16.95 1.00 

Alabama Cotton Buy-up 65 1,670 285,973 284 16.70 284 16.70 1.00 Alabama Peanuts Buy-up 50 60 5,873 315 37.56 410 18.64 1.20 

Alabama Peanuts Cat 50 206 12,467 201 N/A 436 19.38 1.14 

Alabama Peanuts Buy-up 65 1,082 111,599 452 20.48 452 20.48 1.23 Alabama Soybeans Buy-up 50 69 12,445 70 21.97 91 10.90 0.70 Alabama Soybeans Cat 50 645 109,359 44 N/A 95 11.24 0.66 Alabama Soybeans Buy-up 65 289 31,849 98 11.96 98 11.96 0.72 

Alabama Wheat Cat 50 236 30,968 40 N/A 87 17.07 1.01 

Alabama Wheat Buy-up 65 79 8,573 99 19.30 99 19.30 1.16 Arkansas Corn Buy-up 50 50 8,906 118 25.81 153 12.81 0.89 

Arkansas Corn Cat 50 574 107,314 73 N/A 159 12.84 0.96 

Arkansas Corn Buy-up 65 14 3,613 143 11.91 143 11.91 1.00 Arkansas Cotton Buy-up 50 32 9,294 246 29.07 320 14.42 1.00 

Arkansas Cotton Cat 50 2,499 700,817 155 N/A 335 13.41 1.00 

Arkansas Cotton Buy-up 65 27 3,313 273 11.86 273 11.86 1.00 Arkansas Grain Sorghum Buy-up 50 19 5,081 71 21.11 92 10.47 0.73 Arkansas Grain Sorghum Cat 50 475 58,397 44 N/A 96 10.68 0.80 Arkansas Grain Sorghum Buy-up 65 64 4,827 91 12.24 91 12.24 1.03 Arkansas Rice Buy-up 50 298 74,251 274 68.83 356 34.99 2.43 

Arkansas Rice Cat 50 3,248 603,964 153 N/A 332 26.98 2.01 

Arkansas Rice Buy-up 65 508 76,806 337 34.59 337 34.59 2.92 Arkansas Soybeans Buy-up 50 405 141,291 82 23.46 106 11.64 0.81 Arkansas Soybeans Cat 50 5,155 1,623,517 46 N/A 100 9.08 0.68 Arkansas Soybeans Buy-up 65 558 138,427 101 10.91 101 10.91 0.92 Arkansas Wheat Buy-up 50 220 49,870 54 18.91 71 9.38 0.65 

Arkansas Wheat Cat 50 2,310 407,235 44 N/A 96 9.97 0.74 

Arkansas Wheat Buy-up 65 360 60,885 83 9.77 83 9.77 0.82 
Table 1. Comparative insurance per acre and per dollar of farmer paid premium compared 

to cotton, selected states and crops insured in 1998 

 At 65% level

 Value per 

State Crop acre dollar 

 Type of

 coverage 

 Coverage as sold

# of Acres Value per

policies insured acre dollar 

Ratio to 

cotton 

1.52 

0.73 

1.14 1.00 

1.00 

1.00 

4.43 

5.59 

1.76 

2.05 

1.94 

0.95 

0.67 

1.16 

1.58 

0.92 

1.67 

1.09 

0.98 

1.19 1.00 

1.00 

1.00 3.79 

3.55 

3.58 

0.85 

0.66 0.83 1.63 

1.52 

1.68 

0.69 

0.56 

0.70 

1.47 

1.31 

1.34 

153 15.24 

98 10.13 

121 11.94 299 10.01 

327 13.90 

299 10.50 

3,059 61.65 

2,918 58.71 

479 24.53 

460 21.56 

181 27.00 

96 9.54 

86 9.27 

114 12.17 

92 15.80 

72 12.83 

105 17.55 

139 13.88 

136 13.94 

142 14.68 309 12.72 

317 14.27 

297 12.31 

2,729 48.18 

2,691 50.67 

2,727 44.12 

59 10.75 

49 9.47 

52 10.23 

502 20.78 

563 21.63 

494 20.67 

84 8.75 

71 7.98 

82 8.63 

92 18.66 

85 18.70 

83 16.52 

Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida Florida 

Georgia 

Georgia Georgia 

Georgia 

Georgia Georgia 

Georgia 

Georgia Georgia 

Georgia 

Georgia Georgia 

Georgia 

Georgia Georgia 

Georgia 

Georgia Georgia 

Georgia 

Georgia Georgia 

Corn Corn Corn Cotton Cotton Cotton Flue Cured Tobacco Flue Cured Tobacco Peanuts Peanuts Rice 

Soybeans 

Soybeans Soybeans 

Wheat Wheat Wheat Corn Corn Corn Cotton Cotton Cotton Flue Cured Tobacco Flue Cured Tobacco Flue Cured Tobacco 

Grain Sorghum 

Grain Sorghum Grain Sorghum 

Peanuts Peanuts Peanuts Soybeans 

Soybeans Soybeans 

Wheat Wheat Wheat 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Cat Buy-up 

Cat Buy-up 

Cat 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat 

Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

50 

50 

65 50 

50 

65 

50 

65 

50 

65 

50 

50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 

25 

276 

51 55 

163 

94 

92 

49 

240 

295 

15 

12 

110 

20 

2 

29 

9 

193 

1,938 

608 992 

2,312 

1,264 

76 

449 

586 

9 

73 

11 

259 

1,277 

2,910 

94 

1,111 

189 

56 

629 

207 

5,969 

37,099 

6,555 

13,477 

41,142 

20,961 

2,759 

1,689 

31,285 

33,843 

17,244 

1,464 

15,169 

1,914 

391 

3,580 

2,822 

19,945 

237,071 

62,433 

261,304 

619,166 

305,644 

1,800 

11,118 

17,120 

715 

7,814 

1,019 

25,464 

122,489 

284,506 

15,254 

141,065 

21,009 

9,911 

95,593 

33,018 

117 

45 

121 230 

151 

299 

1,412 

2,918 

221 

460 

84 

74 

40 

114 

71 

33 

105 

107 

63 

142 238 

146 

297 

2,099 

1,242 

2,727 

46 

23 

52 

386 

260 

494 

65 

33 

82 70 

39 

83 

30.73 

N/A 

11.94 20.17 

N/A 

10.50 

N/A 

58.71 

N/A 

21.56 

N/A 

19.24 

N/A 

12.17 

31.83 

N/A 

17.55 

27.98 

N/A 

14.68 25.64 

N/A 

12.31 97.10 

N/A 

44.12 

21.66 

N/A 

10.23 41.91 

N/A 

20.67 

17.64 

N/A 

8.63 

37.60 

N/A 

16.52 
Table 1. Comparative insurance per acre and per dollar of farmer paid premium compared 

to cotton, selected states and crops insured in 1998 

 At 65% level

 Value per 

acre dollar 

Ratio to 

cotton 

1.68 

1.40 

1.57 1.00 

1.00 

1.00 1.20 

1.00 

1.59 2.81 

2.70 

3.06 

0.90 

0.65 

0.87 

0.59 

0.69 

0.72 

0.97 

0.77 

0.96 1.00 

1.00 

1.00 

1.35 

0.98 

0.93 3.00 

2.40 

2.77 1.01 

0.72 

0.82 1.00 

0.67 

0.79 

State 

Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Louisiana Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi Mississippi 

Crop 

Corn Corn Corn Cotton Cotton Cotton 

Grain Sorghum 

Grain Sorghum 

Grain Sorghum 

Rice Rice Rice Soybeans 

Soybeans Soybeans 

Wheat Wheat Wheat Corn Corn Corn Cotton Cotton Cotton Grain Sorghum 

Grain Sorghum 

Grain Sorghum 

Rice Rice Rice Soybeans 

Soybeans Soybeans 

Wheat Wheat Wheat 

 Coverage as sold

 Type of # of Acres Value per

 coverage policies insured acre dollar 

174 

150 

163 312 

336 

263 

96 

85 

93 

311 

286 

297 103 

90 

95 

56 

77 

67 

137 

137 

155 305 

367 

311 

97 

99 

90 

356 

355 

355 110 

102 

100 100 

84 

89 

17.49 

15.95 

16.31 10.42 

11.39 

10.41 12.49 

11.38 

16.58 29.25 

30.71 

31.82 

9.38 

7.36 

9.07 

6.14 

7.89 

7.54 

13.50 

14.18 

14.98 13.95 

18.47 

15.68 

18.85 

18.05 

14.54 41.91 

44.30 

43.50 14.06 

13.30 

12.79 13.98 

12.44 

12.31 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

Buy-up 

Cat Buy-up 

50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 50 

50 

65 

309 

1,570 

186 

53 

1,871 

62 82 

388 

38 

162 

1,229 

217 427 

2,504 

212 

45 

211 

54 

150 

1,181 

128 183 

1,902 

143 

5 

93 

10 89 

505 

54 

608 

2,461 

446 

32 

330 

92 

118,453 

421,162 

47,008 

8,422 

454,184 

10,792 27,230 

69,537 

9,369 

58,192 

218,587 

52,366 

142,862 

673,586 

39,502 

8,763 

36,053 

14,606 36,584 

333,632 

38,406 62,002 

766,068 

42,266 

2,527 

20,229 

1,930 

28,544 

189,917 

14,286 

377,618 

1,086,572 

195,701 

7,408 

81,906 

18,289 

134 

69 

163 240 

155 

263 

74 

39 

93 

239 

132 

297 

79 

42 

95 43 

36 

67 

105 

63 

155 235 

170 

311 

74 

46 

90 

274 

164 

355 

85 

47 

100 

77 

39 

89 

35.25 

N/A 

16.31 20.99 

N/A 

10.41 25.17 

N/A 

16.58 57.53 

N/A 

31.82 18.91 

N/A 

9.07 

12.38 

N/A 

7.54 

27.20 

N/A 

14.98 28.13 

N/A 

15.68 

37.99 

N/A 

14.54 84.47 

N/A 

43.50 28.35 

N/A 

12.79 28.18 

N/A 

12.31 
Table 1. Comparative insurance per acre and per dollar of farmer paid premium compared

 to cotton, selected states and crops insured in 1998 

State Crop

 Type of 

 coverage 

# of Acres

policies insured 

 Coverage as sold

 Value per

acre dollar 

 At 65% level

 Value per 

acre dollar 

Ratio to 

cotton 

Missouri Corn Buy-up 50 1,161 119,601 138 28.15 179 13.96 0.81 

Missouri Corn Cat 50 7,110 712,163 83 N/A 179 13.76 0.85 

Missouri Corn Buy-up 65 5,491 480,934 179 18.00 179 18.00 1.04 Missouri Cotton Buy-up 50 7 1,172 231 34.79 300 17.26 1.00 

Missouri Cotton Cat 50 1,027 200,333 128 N/A 277 16.25 1.00 

Missouri Cotton Buy-up 65 6 1,076 322 17.30 322 17.30 1.00 Missouri Grain Sorghum Buy-up 50 100 7,342 100 30.54 130 15.15 0.88 Missouri Grain Sorghum Cat 50 1,177 77,396 56 N/A 121 13.06 0.80 Missouri Grain Sorghum Buy-up 65 420 17,848 122 14.55 122 14.55 0.84 Missouri Rice Buy-up 50 1 178 163 37.93 211 19.28 1.12 

Missouri Rice Cat 50 246 42,964 120 N/A 261 22.73 1.40 

Missouri Rice Buy-up 65 33 5,124 297 18.96 297 18.96 1.10 Missouri Soybeans Buy-up 50 1,385 220,602 105 30.12 137 14.94 0.87 Missouri Soybeans Cat 50 10,237 1,565,194 59 N/A 128 15.15 0.93 Missouri Soybeans Buy-up 65 6,269 721,364 132 19.20 132 19.20 1.11 Missouri Wheat Buy-up 50 365 23,809 70 21.04 91 10.44 0.60 Missouri Wheat Buy-up 65 2,218 119,593 91 13.90 91 13.90 0.80 North Carolina Burley Tobacco Buy-up 50 15 104 2,349 21.29 3,054 10.56 0.66 North Carolina Burley Tobacco Cat 50 274 681 1,171 N/A 2,538 13.11 0.76 North Carolina Burley Tobacco Buy-up 65 1,249 4,815 2,678 15.19 2,678 15.19 0.91 North Carolina Corn Buy-up 50 223 28,023 122 31.32 158 15.53 0.97 

North Carolina Corn Cat 50 1,929 269,332 65 N/A 141 15.42 0.89 

North Carolina Corn Buy-up 65 1,338 145,059 149 14.80 149 14.80 0.88 North Carolina Cotton Buy-up 50 290 89,406 218 32.39 284 16.07 1.00 

North Carolina Cotton Cat 50 1,516 344,082 121 N/A 263 17.29 1.00 

North Carolina Cotton Buy-up 65 576 122,811 279 16.75 279 16.75 1.00 North Carolina Flue Cured Tobacco Buy-up 50 128 3,863 2,048 60.93 2,663 30.23 1.88 

North Carolina Flue Cured Tobacco Cat 50 1,591 28,583 1,234 N/A 2,673 54.96 3.18 

North Carolina Flue Cured Tobacco Buy-up 65 3,472 92,402 2,682 55.97 2,682 55.97 3.34 North Carolina Grain Sorghum Buy-up 50 1 14 48 19.88 63 9.86 0.61 North Carolina Grain Sorghum Cat 50 15 1,099 33 N/A 71 12.14 0.70 North Carolina Grain Sorghum Buy-up 65 2 47 57 9.22 57 9.22 0.55 North Carolina Peanuts Buy-up 50 39 2,720 381 71.20 495 35.34 2.20 

North Carolina Peanuts Cat 50 478 22,279 271 N/A 587 39.59 2.29 

North Carolina Peanuts Buy-up 65 949 66,469 550 28.70 550 28.70 1.71 North Carolina Soybeans Buy-up 50 292 51,110 80 24.55 104 12.18 0.76 North Carolina Soybeans Cat 50 3,152 598,451 43 N/A 94 12.16 0.70 North Carolina Soybeans Buy-up 65 1,018 127,852 97 10.47 97 10.47 0.62 North Carolina Wheat Buy-up 50 97 13,902 78 48.88 102 24.26 1.51 

North Carolina Wheat Cat 50 1,519 234,047 44 N/A 95 23.36 1.35 

North Carolina Wheat Buy-up 65 373 43,160 108 24.34 108 24.34 1.45 
Table 1. Comparative insurance per acre and per dollar of farmer paid premium compared

 to cotton, selected states and crops insured in 1998 

 Coverage as sold At 65% level

 Type of # of Acres Value per Value per Ratio to 

State Crop coverage policies insured acre dollar acre dollar cotton 

South Carolina Corn Buy-up 50 76 16,278 95 19.11 123 9.48 0.76 

South Carolina Corn Cat 50 801 117,315 53 N/A 114 9.94 0.89 

South Carolina Corn Buy-up 65 404 60,014 138 11.32 138 11.32 0.94 South Carolina Cotton Buy-up 50 74 20,759 261 25.24 339 12.52 1.00 

South Carolina Cotton Cat 50 563 177,602 120 N/A 260 11.13 1.00 

South Carolina Cotton Buy-up 65 73 15,948 305 11.99 305 11.99 1.00 South Carolina Flue Cured Tobacco Buy-up 50 20 479 1,932 37.05 2,511 18.38 1.47 

South Carolina Flue Cured Tobacco Cat 50 150 3,584 1,226 N/A 2,657 37.13 3.34 

South Carolina Flue Cured Tobacco Buy-up 65 1,113 31,435 2,663 49.43 2,663 49.43 4.12 

South Carolina Peanuts Cat 50 45 5,911 238 N/A 517 27.50 2.47 

South Carolina Soybeans Buy-up 50 71 16,672 65 15.35 85 7.61 0.61 South Carolina Soybeans Cat 50 1,261 315,894 36 N/A 77 6.92 0.62 South Carolina Soybeans Buy-up 65 58 8,706 90 7.03 90 7.03 0.59 South Carolina Wheat Buy-up 50 5 1,394 65 33.07 84 16.40 1.31 

South Carolina Wheat Cat 50 685 130,900 44 N/A 95 20.28 1.82 

South Carolina Wheat Buy-up 65 96 15,431 100 20.19 100 20.19 1.68 Tennessee Burley Tobacco Buy-up 50 40 262 1,790 17.21 2,327 8.54 0.50 Tennessee Burley Tobacco Cat 50 1,154 5,199 1,047 N/A 2,269 15.64 1.14 Tennessee Burley Tobacco Buy-up 65 2,351 12,770 2,452 19.16 2,452 19.16 1.16 Tennessee Corn Buy-up 50 116 20,141 146 37.70 190 18.70 1.09 

Tennessee Corn Cat 50 794 124,704 79 N/A 172 15.87 1.15 

Tennessee Corn Buy-up 65 313 55,261 189 20.04 189 20.04 1.21 Tennessee Cotton Buy-up 50 123 35,690 228 34.63 297 17.18 1.00 

Tennessee Cotton Cat 50 834 194,031 128 N/A 278 13.77 1.00 

Tennessee Cotton Buy-up 65 57 13,095 279 16.56 279 16.56 1.00 

Tennessee Dark Air Tobacco Cat 50 16 32 1,045 N/A 2,265 57.23 4.16 

Tennessee Dark Air Tobacco Buy-up 65 37 43 2,856 53.94 2,856 53.94 3.26 Tennessee Fire Cured Tobacco Buy-up 50 9 79 2,863 82.25 3,722 40.80 2.37 

Tennessee Fire Cured Tobacco Cat 50 67 410 1,653 N/A 3,581 39.99 2.90 

Tennessee Fire Cured Tobacco Buy-up 65 168 1,183 3,440 46.94 3,440 47.04 2.84 Tennessee Grain Sorghum Buy-up 50 2 267 88 37.40 114 18.57 1.08 Tennessee Grain Sorghum Cat 50 30 2,889 41 N/A 89 13.26 0.96 Tennessee Grain Sorghum Buy-up 65 5 129 76 12.63 76 12.61 0.76 Tennessee Soybeans Buy-up 50 115 40,938 101 34.21 131 16.97 0.99 Tennessee Soybeans Cat 50 1,215 374,361 55 N/A 119 12.53 0.91 Tennessee Soybeans Buy-up 65 223 55,128 121 15.68 121 15.68 0.95 Tennessee Wheat Buy-up 50 17 4,263 74 17.41 96 8.64 0.50 

Tennessee Wheat Cat 50 478 76,519 42 N/A 90 10.54 0.77 

Tennessee Wheat Buy-up 65 35 4,872 93 14.59 93 14.59 0.88