date:Feb 28, 2013
he farm bill) bundles margin protection with market stabilization. In contrast, the Goodlatte/Scott amendment offers standalone, if more restrictive, margin insurance. Its more restrictive in that it only covers 80% of annual production, and freezes that level of coverage for the life of the farm bill.
Which works better? According to preliminary analysis presented last month by Marin Bozic, a University of Minnesota dairy economist, it all depends on how producers use it.
Economists from Mich