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 income over feed cost margins in milk production. In this paper we examine the assumptions underpinning the rating method used to determine premiums charged for LGM-Dairy insurance...