AgStar Edge Webinar - Dr. Marin Bozic - Dairy Risk Management with Federal Dairy Policy Programs from Dairy Markets and Policy on Vimeo.



Wondering about the new Margin Protection Plan (MPP) and the Livestock Gross Margin Plan (LGM), along with the decisions you need to make for your farm? AgStar Financial Services hosted a webinar on Tuesday, September 23 that featured University of Minnesota dairy economist Dr. Marin Bozic.

Some questions and explanations that were covered:

  • What are the benefits to a dairy farm to enroll in the program?
  • If a farmer decides to enroll, how might he or she think about the level at which to participate, either for the remainder of 2014, for 2015 or as a general approach for future years?
  • What important factors need to be considered?
  • How important is it to think about the farm's personal milk and feed prices compared to the prices used for the national MPP margin?
  • How important is it to think about my personal business risk factors, risk profile and risk preferences?
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10.6.2014