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portada Livestock Gross Margin-Dairy Insurance: An Assessment of Risk Management and Potential Supply Impacts
Type
Physical Book
Publisher
Language
English
Pages
30
Format
Paperback
Dimensions
27.9 x 21.6 x 0.2 cm
Weight
0.10 kg.
ISBN13
9781505433661

Livestock Gross Margin-Dairy Insurance: An Assessment of Risk Management and Potential Supply Impacts

United States Department Of Agriculture (Author) · Createspace · Paperback

Livestock Gross Margin-Dairy Insurance: An Assessment of Risk Management and Potential Supply Impacts - United States Department of Agriculture

New Book Imported to Austria
Delivery: 18 Aug - 25 Aug Shipping: 16 to 20 business days.
27,24 €
Import costs and 10% VAT included in the price ✅
27,24 €

Synopsis "Livestock Gross Margin-Dairy Insurance: An Assessment of Risk Management and Potential Supply Impacts"

Public risk management policies for dairy producers have the potential to induce expan-sion in milk supplies, which might lower farm-level prices and offset risk-reduction benefits. An evaluation of USDA's Livestock Gross Margin-Dairy (LGM-Dairy) insur-ance program finds economic downside risk significantly reduced, with potential to induce modest supply expansion (0 to 3 percent) if widely adopted. Supply impacts are likely limited due to relatively low participation levels and a minimal ("inelastic") supply response to risk. LGM-Dairy is more flexible and convenient than other risk management tools, such as hedging directly in futures or options markets, especially for small farms.

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