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Re-Envisioning the Margin Protection Program

Author

Listed:
  • Richard, Jessica
  • Tyler, Mark
  • Burdine, Kenneth

Abstract

Richard (2017) found evidence revealing MPP impact differences due to milk and feed market differences across the dairy production regions. The Margin Protection Program is likely to be reformed in the 2018 Farm Bill in order to address producer’s concerns. There are many approaches to analyze potential new policies. This paper will document recent proposals and develop an additional approach to reforming the federal dairy safety net. The cases of New Mexico and Wisconsin will be examined for how a shift in the range of margins protected by MPP might affect risk reduction.

Suggested Citation

  • Richard, Jessica & Tyler, Mark & Burdine, Kenneth, 2017. "Re-Envisioning the Margin Protection Program," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 260835, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea17:260835
    DOI: 10.22004/ag.econ.260835
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    References listed on IDEAS

    as
    1. Novakovic, Andrew M. & Wolf, Christopher, 2016. "Federal Interventions in Milk Markets," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 31(4), pages 1-8, December.
    2. John Newton & Cameron S. Thraen & Marin Bozic, 2016. "Evaluating Policy Design Choices for the Margin Protection Program for Dairy Producers: An Expected Indemnity Approach," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 38(4), pages 712-730.
    3. Mark, Tyler B. & Burdine, Kenneth H. & Cessna, Jerry & Dohlman, Erik, 2016. "The Effects of the Margin Protection Program for Dairy Producers," Economic Research Report 262192, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Agricultural and Food Policy; Livestock Production/Industries; Risk and Uncertainty;
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