Bozic, Marin; Newton, John; Thraen, Cameron S.; Gould, … - Agricultural and Applied Economics Association - AAEA - 2012
Livestock Gross Margin Insurance for Dairy Cattle (LGM-Dairy) is a recently introduced tool for protecting average … used to determine premiums charged for LGM-Dairy insurance contracts. The first test relates to the assumption of … introduces bias in LGM-Dairy premiums. The remainder of the paper is dedicated to examining dependency between milk and feed …