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Website has info on new dairy price insurance program

A new website by CALS agricultural economists offers information on the Livestock Gross Margin – Dairy Program. The LGM-Dairy Program is a federally reinsured, dairy insurance program operated through the U.S. crop insurance program that provides protection against unexpected declines in gross margin (market value of milk minus feed costs) on target quantity of marketed milk. The website is available at future.aae.wisc.edu/lgm_dairy.html.

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