Have you wondered how the Margin Protection Program for Dairy Producers would have worked over the past 14 years? Dr. John Newton of the University of Illinois has shared a handy dashboard you can use to play with different coverage levels, production history and coverage percentage.
Marin Bozic, assistant professor in Dairy Foods Marketing Economics at the University of Minnesota, wrote on her blog, "John’s gadget is cool in itself, but is really a teaser trailer for a much more comprehensive tool the Dairy Markets and Policy group is preparing for dairy producers.
"I hope our group will be able to successfully compete to get some of the funds authorized under the Agricultural Act of 2014 for decision-support tools. It would really help us deliver a tool that is very necessary for dairy producers to make a solid decision regarding their participation in the Margin Protection Program."
Bozic's blog also lists other detailed market resources. PD
—Summarized by PD staff from cited source
