Valvekar, Mayuri; Chavas, Jean P.; Gould, Brian W.; … - In: Agricultural Systems 104 (2011) 9, pp. 671-678
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...