The primary differences between the corn and soybean results are positive and statistically significant effects of the age and education variables for both yield and revenue insurance relative to hail insurance in the soybeans equation. Whether soybean insurance decisions are more demanding than corn is unclear, although the interaction in 2001 among soybean prices, government loan rates, and commodity price election levels in the crop insurance program may have increased the
attractiveness of soybean insurance in that year. Perhaps these conditions tended to benefit more experienced and educated producers in making their choices among insurance products.