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University of Arkansas, Fayetteville

2014

Crop Insurance

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Full-Text Articles in Agriculture

The Economic Viability Of Cocoa Crop Insurance In Ghana, Justin D. Mckinley Dec 2014

The Economic Viability Of Cocoa Crop Insurance In Ghana, Justin D. Mckinley

Graduate Theses and Dissertations

This study was motivated by the fact that Ghanaian cocoa producers face lower yields than other main cocoa producing counties which in turn increases food insecurity for smallholder producers. In addition, low yields experienced by Ghanaian producers is a driving factor for forest degradation and deforestation as cocoa producers encroach further into previously undisturbed forests in efforts to increase their incomes. There are currently production methods to achieve higher yields readily available in Ghana; however, many producers choose not to adopt these methods because they are seen as too risky, or simply cannot adopt them due to financial/credit constraints. A …