At the NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management held April 16 and 17 in St. Louis, Missouri, Cameron Thraen and John Newton presented “Road Block to Risk Management - How Federal Milk Marketing Orders Create Excessive Basis Risk on Class 1 Milk,” and “Exploring Underlying Distributional Assumptions of Livestock Gross Margin Insurance for Dairy,” co-authored with Marin Bozic, Applied Economics, University of Minnesota.
The 19th Annual Invitational Workshop for Dairy Economists and Policy Analysts was held in Salt Lake City, Utah on May 9 and 10. John Newton presented “Livestock Gross Margin – Dairy Insurance: A product review and assessment on its use by U.S. dairy farms,” and Cameron Thraen presented “Livestock Gross Margin – Dairy Insurance: An investigation of assumptions and performance as a revenue safety net.”