Livestock Gross Margin-Dairy Insurance: An Assessment of Risk Management and Potential Supply Impacts

Kenneth H. Burdine , Roberto Mosheim ; Donald Blayney , and Leigh Maynard

United States Department of Agriculture

关键词: Dairy;    gross margins;    risk management;    LGM Dairy;    insurance;    milk supplies;    livestock;   

RP-ID  :  ERR-163

学科分类：农业科学（综合）

美国|英语

来源: United States Department of Agriculture Publications

【 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.