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Department of Agricultural, Environmental, and Development Economics



  1. New Research on Livestock Gross Margin Dairy Insurance from Dr. Cameron Thraen and John Newton Published in the Dec 2012 Journal of Dairy Science

    Nov 20, 2012

    Dairy farmers can insure against low income over feed margins with an insurance product, Livestock Gross Margin (LGM) insurance, offered through crop insurance agents and underwritten by the USDA Risk Management Agency.

  2. New Research from Professor Mario Miranda and Katie Farrin Looks at Index Insurance Options for the Developing World

    Oct 18, 2012

    Index insurance, which relies on an observed value of a specified “index” or some other closely related variable that is highly correlated with losses to determine payouts, could significantly help those uninsured against environmental disasters in the developing world by providing an attainable safety net for crop protection.  

  3. Cameron Thraen and John Newton present at national dairy meetings

    May 20, 2012

    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.