Almost 90 percent of Moroccan agriculture is not irrigated, and since most of Morocco's crops depend on adequate rainfall, yields and production vary widely. A drought insurance program based on rainfall index contracts is feasible in parts of Morocco and could significantly benefit its farmers. 

Author: Jerry Skees, Stephanie Gober, Panos Varangis, Rodney Lester, and ViJay Kalavakonda 

Country: USA