Livestock Gross Margin Insurance for Dairy Cattle: An Analysis of Program Performance and Cost under Alternative Policy Configurations

Livestock Gross Margin insurance for dairy cattle (LGM-Dairy) is a risk management tool that can be used to insure a lower bound on a dairy producer’s gross margin. In this paper we (1) review the basic structure of LGM-Dairy (2) examine the sensitivity of Gross Margin Guarantee (GMG) and premium to changes in feeding regimes and (3) quantify impacts of changes in deductible level on important program characteristics.

MoreLess

Year of publication:	2009
Authors:	Cabrera, Victor E. ; Gould, Brian W. ; Valvekar, Mayuri
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Dairy Price Risk \| Uncertainty \| Livestock Insurance. \| Agribusiness \| Farm Management \| Financial Economics \| Livestock Production/Industries \| Production Economics \| Risk and Uncertainty

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin Number 49262
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005000523