Exhibit 1. Risk Management Agency Research: Exploring Feasibility for Expanding Crop Insurance
Crop |
Previous Studies |
Feasibility Recommendation |
Insurance Product |
2016 Crop Value(1,000s) From Data Source |
Data Source/Notes |
Amaranth |
|
|
Feasibility to be explored in future |
|
|
Anise |
|
|
Feasibility to be explored in future |
|
|
Artichokes |
Feasibility |
Yes |
Growers Preferred No Development |
$69,119 |
NASS Crop Values 2016 Summary - February 2017 |
Asparagus Fresh Market and Processing |
Feasibility |
Yes |
Growers Preferred No Development |
$74,991 |
NASS Crop Values 2016 Summary - February 2017 |
Bees |
Feasibility |
No |
Insurance Program in Place (Apiculture) |
|
|
Beets |
|
|
Feasibility to be explored in future |
|
|
Biomass Sorghum/Sweet Sorghum |
Feasibility |
No |
Lack of producer interest |
|
|
Blackberries |
|
|
Feasibility to be explored in future |
$38,036 (2015 Value) |
2016 Value N/A NASS Crop Values 2016 Summary - February 2017 |
Bok Choy |
|
|
Feasibility to be explored in future |
|
|
Boysenberries |
|
|
Feasibility to be explored in future |
$2,743 (2015 value) |
2016 Value N/A NASS Crop Values 2016 Summary - February 2017 |
Broccoli, fresh and processing |
Feasibility |
Yes |
Growers Preferred No Development |
$851,391 |
NASS Crop Values 2016 Summary - February 2017 |
Brussel Sprouts |
|
|
Feasibility to be explored in future |
|
|
Bulbs, Corms, Tubers |
|
|
Feasibility to be explored in future |
|
|
Cantaloupe |
|
|
Feasibility to be explored in future |
$450,079 |
NASS Crop Values 2016 Summary - February 2017 |
Carrots, fresh and processing |
Feasibility |
Yes |
Growers Preferred No Development, St. Paul RO recently express interest in developing a carrot program in WI and MN RMA is currently working with them to explore the possibility of insuring carrots in that area. |
$818,183 |
NASS Crop Values 2016 Summary - February 2017 |
Catastrophic Disease Event |
Feasibility |
No |
Lack of producer interest, unavailable data, challenges in determining insurable interest |
|
|
Catfish Margin |
Feasibility |
No |
Insufficient data and potential to distort catfish market |
|
|
Cauliflower, fresh and processing |
Feasibility |
Yes |
Growers Preferred No Development |
$389,496 |
NASS Crop Values 2016 Summary - February 2017 |
Celery, fresh and processing |
Feasibility |
Yes |
Growers Preferred No Development |
$358,632 (Fresh Only) |
NASS Crop Values 2016 Summary - February 2017 |
Chayote/Mirliton |
|
|
Feasibility to be explored in future |
|
|
Chickens |
Feasibility |
No |
Not Feasible at this time |
|
|
Chicory/Radicchio |
|
|
Feasibility to be explored in future |
|
|
Chinese Cabbage |
|
|
Feasibility to be explored in future |
|
|
Chives |
|
|
Feasibility to be explored in future |
|
|
Christmas Trees |
Feasibility |
No |
Not Feasible at this time |
|
|
Cilantro |
|
|
Feasibility to be explored in future |
|
|
Collards (Greens) |
|
|
Feasibility to be explored in future |
|
|
Crambe |
|
|
Terminated-declining production in pilot area |
|
|
Crenshaw Melons |
|
|
Feasibility to be explored in future |
|
|
Crop Residue (Corn, Soybeans, Wheat) |
Feasibility |
No |
Not feasible at this time |
|
|
Crustaceans (Crayfish/Shrimp) |
|
|
Feasibility to be explored in future |
|
|
Cucumbers, for pickles and fresh |
|
|
508 (h) Insurance Product in place |
$345,670 |
NASS Crop Values 2016 Summary - February 2017 |
Daikon |
|
|
Feasibility to be explored in future |
|
|
Dates |
|
|
Feasibility to be explored in future |
$68,016 (2015 value) |
2016 Value N/ANASS Crop Values 2016 Summary - February 2017 |
Eggplant |
|
|
Feasibility to be explored in future |
|
|
Escarole / Endive |
|
|
Feasibility to be explored in future |
|
|
Finfish |
|
|
Feasibility to be explored in future |
|
|
Flowers |
|
|
Feasibility to be explored in future |
|
|
Garlic |
Feasibility |
No |
Not feasible at this time |
$268,665 |
NASS Crop Values 2016 Summary - February 2017 |
Ginger Root |
|
|
Feasibility to be explored in future |
|
|
Ginseng |
|
|
Feasibility to be explored in future |
|
|
Gourds |
|
|
Feasibility to be explored in future |
|
|
Greens (human consumption) |
|
|
Feasibility to be explored in future |
|
Excludes spinach |
Guavas |
Feasibility |
Yes |
Not enough producer support |
N/A |
NASS Crop Values 2016 Summary - February 2017 |
Guayule |
|
|
Feasibility to be explored in future |
|
|
Hay |
Industry Needs Study |
Yes |
Feasible-Working on program design. |
$15.6 billion |
Crop Values Annual Summary, February 2017-All Hay |
Hazelnuts |
|
|
Feasibility to be explored in future |
$86,800 (2015 value) |
2016 value N/A NASS Crop Values 2016 Summary - February 2017 |
Herbs |
|
|
Feasibility to be explored in future |
|
Excludes native spearmint, scotch spearmint, & peppermint types |
Honeydew Melons |
|
|
Feasibility to be explored in future |
$67,584 |
NASS Crop Values 2016 Summary - February 2017 |
Hops |
|
|
Feasibility to be explored in future |
$498,420 |
NASS Crop Values 2016 Summary - February 2017 |
Horseradish |
|
|
Feasibility to be explored in future |
|
|
Jojoba |
Feasibility |
No |
Not feasible at this time |
|
|
Kale |
|
|
Feasibility to be explored in future |
|
|
Kiwi Fruit |
|
|
Feasibility to be explored in future |
$30,893 (2015 value) |
2016 Value N/A NASS Crop Values 2016 Summary - February 2017 |
Kochia (Prostrata) |
|
|
Feasibility to be explored in future |
|
|
Kumquats |
|
|
Feasibility to be explored in future |
|
|
Leeks |
|
|
Feasibility to be explored in future |
|
|
Lettuce |
Feasibility |
Yes |
Currently under Consideration |
$2,880,973 |
NASS Crop Values 2016 Summary - February 2017 |
Livestock - Aquaculture (Baitfish) |
Feasibility |
No |
Not feasible at this time |
|
|
Livestock - Aquaculture (Catfish) |
Feasibility |
No |
Not feasible at this time |
|
|
Livestock - Aquaculture (Salmon) |
Feasibility |
No |
Not feasible at this time |
|
|
Livestock - Aquaculture (Trout) |
Feasibility |
No |
Not feasible at this time |
|
|
Livestock: Poultry (Turkeys, Chickens, Eggs) |
Feasibility |
No |
Not feasible at this time |
|
|
Livestock: Poultry Business Interruption |
Feasibility |
No |
Lack of producer interest, unavailable data, challenges in determining insurable interest |
|
|
Loganberries (OR) |
|
|
Feasibility to be explored in future |
|
|
Longan |
|
|
Feasibility to be explored in future |
|
|
Lotus Root |
|
|
Feasibility to be explored in future |
|
|
Mangos |
Feasibility |
Yes |
Not enough producer support |
|
|
Maple Syrup |
Feasibility |
No |
Not feasible at this time |
$125,890 (2015 value) |
2016 value N/A NASS Crop Values 2016 Summary - February 2017 |
Meadowfoam |
|
|
Feasibility to be explored in future |
|
|
Mollusk |
|
|
Feasibility to be explored in future |
|
Includes mussels, abalone, & bay scallops |
Mushrooms |
|
|
Feasibility to be explored in future |
$1,190,672 |
NASS Crop Values 2016 Summary - February 2017 |
Okra |
|
|
Feasibility to be explored in future |
|
|
Parsnip |
|
|
Feasibility to be explored in future |
|
|
Persimmons |
|
|
Feasibility to be explored in future |
|
|
Pineapples |
Feasibility |
No |
Not feasible at this time |
|
|
Pomegranates |
|
|
Feasibility to be explored in future |
|
|
Radishes |
|
|
Feasibility to be explored in future |
|
|
Rapini |
|
|
Feasibility to be explored in future |
|
|
Raspberries |
|
|
Currently under Development |
580,924 (2015 value) |
2016 Value N/A NASS Crop Values 2016 Summary - February 2017 |
Rhubarb |
|
|
Feasibility to be explored in future |
|
|
Shallots |
|
|
Feasibility to be explored in future |
|
|
Sod |
|
|
Feasibility to be explored in future |
|
|
Speltz |
|
|
Feasibility to be explored in future |
|
|
Spinach, fresh &processing |
Feasibility |
Yes |
Growers Preferred No Development |
$292,583 |
NASS Crop Values 2016 Summary - February 2017 |
Squash, fresh only, processing N/A |
|
|
Terminated-problem with program design |
$163,717 |
NASS Crop Values 2016 Summary - February 2017 |
Sunn Hemp |
|
|
Feasibility to be explored in future |
|
|
Sweet Corn Seed (Hybrid) |
|
|
Pilot Program in place starting 2016 |
|
|
Sweet Potatoes |
|
|
508(h) Insurance Product in place |
$705,690 |
NASS Crop Values 2016 Summary - February 2017 |
Sweet Sorghum/Biomass Sorghum |
Feasibility |
No |
Not feasible at this time |
|
|
Swine Catastrophic Disease |
Feasibility |
No |
Insufficient data and producer interest |
|
|
Taro |
|
|
Feasibility to be explored in future |
$2,312 |
NASS Crop Values 2016 Summary - February 2017 |
Teff |
|
|
Feasibility to be explored in future |
|
|
Tomatillos |
|
|
Feasibility to be explored in future |
|
|
Triticale |
Feasibility (2 Studies) |
No-No price data available |
508(h) program in place starting 2018-price data became available |
|
|
Turnips (not grazing) |
|
|
Feasibility to be explored in future |
|
|
Vegetable/Flower Seed |
|
|
Feasibility to be explored in future |
|
|
Watercress |
|
|
Feasibility to be explored in future |
|
|
Watermelon |
|
|
Insurance Product Terminated-poor performance |
$579,011 |
NASS Crop Values 2016 Summary - February 2017 |
Woody Biomass |
Feasibility |
No |
Not feasible at this time |
|
|
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