OSU researchers studying producer interest in crop insurance
Wednesday, September 28, 2022
Oklahoma State University researchers are requesting input from farmers and ranchers to gauge their interest in crop and livestock insurance.
Jenna Bryant, a graduate student in agricultural economics, hopes the findings will support efficient operations for agricultural lending insurance companies.
The survey has 12 questions. Participants must be at least 18 years old and live and farm in Oklahoma. Eric DeVuyst, agricultural economics professor and OSU Extension specialist for farm and ranch management, is assisting Bryant with the survey project.
“I reached out to people I know in the state and asked what research would benefit them and provide general information to other ag lending organizations,” DeVuyst said.
Bryant will use the survey results to determine the expected impact on customer retention, additional loan volume and any new loan volume. Findings will inform operations at Oklahoma Ag Credit locations and be made available to support efficient operations for all ag lending insurance companies.
“I have a strong interest in ag finance and believe this is a good gateway into that field,” Bryant said. “This feels like a project that I will be able to see an immediate impact from. It is geared toward not only helping this company in making decisions, but it can also help producers by expanding access to crop and livestock insurance.”
The survey, which closes Nov. 15, is open to all qualifying producers in Oklahoma.