This study examines impacts of shallow loss safety net programs proposed in S. 3240 and H.R. 6083 for 2013‐2017 with focus on Arkansas rice and the U.S. rice sector. The results suggest that the Price Loss Coverage program provides a relatively strong safety net for long‐grain rice producers.

Participation rates by southern irrigated crop producers in most important crop insurance programs have been relatively low. This paper empirically examines why this may be the case in Arkansas, and proposes a novel “gross margin” product specifically targeted at meeting the needs of these...