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Livestock Gross Margin-Dairy Insurance: An Assessment of Risk Management and Potential Supply Impacts
- 英文名称：
- Livestock Gross Margin-Dairy Insurance: An Assessment of Risk Management and Potential Supply Impacts
- 作者：
- Kenneth H. Burdine; Roberto Mosheim; Donald Blayney; Leigh Maynard
- 工作单位：
- USDA's Economic Research Service
- 关键词：
- Dairy; gross margins; risk management; LGM Dairy; insurance; milk supplies; livestock;
- 年份：
- 2014
- 出版地：
- Washington, DC, USA
- 总页数：
- 31 pp
- 语种：
- English
- 摘要：
- Public risk management policies for dairy producers have the potential to induce expansion in milk supplies, which might lower farm-level prices and offset risk-reduction benefits. An evaluation of USDA's Livestock Gross Margin-Dairy insurance program finds economic downside risk significantly reduced, with potential to induce modest supply expansion if widely adopted.
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