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July 8, 2026Journal of Agricultural and Applied EconomicsOpen Access

Risk Management Education Acts as a Driver of Livestock Risk Protection Utilization

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Authors

MCMilan ChauhanBLBradley LubbenEDElliott J. Dennis

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Overview

Randomized trial evaluates the impact of risk management education on insurance participation among cattle producers, suggesting education importance.

Key Points

  • The study aims to assess the impact of risk management education on the utilization of Livestock Risk Protection among cattle producers.
  • Evaluated a 21-year state-level panel data
  • Utilized a two-part econometric model
  • Analyzed participation differences between pilot and non-pilot states
  • Education workshops increase likelihood of insurance participation in non-pilot states, OR = 1.5, 95% CI [1.2, 1.8], p<0.01
  • Subsidies dominate participation in pilot states
  • Marginal effect of education is less significant in higher subsidy environments

Cite This Study

Chauhan et al. (2026) studied this question.

synapsesocial.com/papers/6a4de8ebd2ea289ef6283639https://doi.org/10.1017/aae.2026.10052
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Also Consider

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  1. 1Factors influencing United States cattle producers use of livestock risk protection2024 · 3 citations
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  4. 4Real Subsidy, Imagined Harvest: Timing, Frictions, and the Myth of Livestock Risk Protection Arbitrage2026
  5. 5Subsidy Capture in Livestock Risk Protection2026