Marin Bozic, University of Minnesota
How Likely is $11 Milk?
By: Farm Journal's MILK - May 22, 2017How likely is it that catastrophic events like what happened in 2009 and 2012 likely to take place? “In the last 10 years we have had two major events that each would cost more than $1 billion [if MPP were in place at the time],” says Dr. Marin Bozic, economist in the Department of Applied Economics at the University of Minnesota. “Are these events likely to occur again over the next 10, 20 or 30 years?” |
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