The Livestock Gross Margin Insurance for Dairy Cattle is a federally reinsured insurance program that enables US dairy producers to establish minimum levels of milk income net of feed cost. Given the structure of this program there are an infinite number of possible contract designs based on the...

This study analyzes the impacts of climate change on maize yields using an econometric model that incorporates climate, economic, and technology variables. The major finding is climate change will not universally cause negative impacts of maize yields in the United States and China. The results...