• Hovhannisyan, V., K. Stiegert, and M. Bozic. 2014. "On Endogeneity of Retail Mark-ups in an Equilibrium Analysis: A Control Function Approach." Journal of Agricultural and Resource Economics. 39(2)188-200.(link)

  • Bozic, M., J. Newton, C.S. Thraen and B.W. Gould. 2014. "Tails Curtailed: Accounting for Non-linear Dependence in Pricing Margin Insurance for Dairy Producers." American Journal of Agricultural Economics 96(4): 1117-1135. (link)

  • Hovhannisyan, V. and M. Bozic. 2014. "Retailer Motivation to Adjust Milk Prices: An Analysis using Super-elasticity of Demand." Agribusiness: An International Journal 30(2): 195–206 (link)

  • Jackson, J., C.S. Thraen and M. Bozic. 2013. "Conflict Over Cooperation: Why So Much Disagreement Over the Proposed Dairy Market Stabilization Program?" Journal of Agricultural and Food Industry Organization 11(1): 129-138 (link)

  • Hovhannisyan, V. and M. Bozic. 2013. "A Benefit Function Approach to Studying Market Power: An Application to U.S. Yogurt Market." Journal of Agricultural and Resource Economics 38(2):159-173 (link)

  • Bozic, M., T. R. Fortenbery. 2012. "Creating Synthetic Cheese Futures: A Method for Matching Cash and Futures Prices in Dairy." Journal of Agribusiness 30(2): 87-102. (Staff Paper)

  • Bozic, M., J. Newton, C.S. Thraen, and B.W. Gould. 2012. "Mean-reversion in Income Over Feed Cost Margins: Evidence and Implications for Managing Margin Risk by U.S. Dairy Producers." Journal of Dairy Science 95(12):7417-7428. (link) (Staff Paper)

  • Bozic,, M., C.A. Kanter, and B.W.Gould. 2012. "Tracing the Evolution of the Aggregate U.S. Milk Supply Elasticity Using a Herd Dynamics Model." Agricultural Economics 43(5): 515-530 (link)

  • Bozic, M. 2002. "Javni dug Republike Hrvatske u tranziciji." Financijska teorija i praksa, 24(4): 637-655, (html) (link)

  • Bozic, M. 2011. Three Essays in Commodity Futures and Options Price Performance. A thesis submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Agrcultural and Applied Economics, University of Wisconsin-Madison. (link)

  • Bozic, M. 2009. An Econometric Analysis of U.S. Milk Production: A Herd Dynamics Model. A thesis submitted in partial fulfillment of the requirements for the degree of Master of Arts at the Joint European Master in Comparative Local Development, University of Trento, Italy. (link)

    Total Number of Grants: 19. PI/Co-PI/Subawards: $1,101,947. As PI: $891,516.

  • Bioresponsive milk packaging for continuous monitoring of food spoilage
    Funding Agency: University of Minnesota MnDRIVE Global Food Ventures
    Timeline: 07/2014-06/2015
    Amount Funded: $66,000
    Principal Investigator: Dr. Abdennour Abbas, Department of Bioproducts and Biosystems Engineering, University of Minnesota

    The complexity of food supply chains makes surveillance of food spoilage and contamination a daunting task. In addition to the cost related to sporadic sampling and analysis of food products, the traditional testing methods cannot provide timely and continuous information to the manufacturer, food inspectors and consumers. The current project intends to respond to this important need, by developing new technologies for the integration of colorimetric (visual) biosensors in the food packaging system. By using organic chromogenic polymers, the proposed sensing technology integrates the need of cost-effective pathogen detection, with the requirements for safe materials and industrially compatible processes.


  • Minnesota Dairy Development Research Program
    Funding Agency: Minnesota Department of Agriculture
    Timeline: 10/2014-09/2015
    Amount Funded: $35,000

    The purpose of this program is to increase growth and prosperity of Minnesota dairy sector. This will be achieved through applied economic analysis that identifies critical factors that govern the dynamics of dairy profitability. It is expected that the program will result in actionable insights with direct consequences for livestock development programs, producer education programs, and on-farm production and milk marketing practices.


  • Web-based Decision Aids and Education Tools
    Funding Agency: Farm Service Agency, U.S. Department of Agriculture
    Timeline: 5/2014-09/2018
    Amount Funded: $1,649,386. University of Minnesota subaward: $25,000.
    Principal Investigator: J. Coppess, Department of Agricultural and Consumer Economics, University of Illinois at Urbana Champaign.

    The objective of this Cooperative Agreement is to create web-based decision tools to assist producers In understanding available options and to train State extension services, Farm Service Agency (FSA), and producers to use the decision aids. The online tools for producers will use broad USDA assumptions related to commodity estimates for a multi-year period and provide producers an opportunity to enter variables such as crops, acres, yields, and prices as part of their evaluation of election options available for commodity programs authorized by the Agricultural Act of 2014.


  • Dairy Programs in the Agricultural Act of 2014: Analysis of Implementation, Producer Participation and Market Effects
    Funding Agency: Office of the Chief Economist, U.S. Department of Agriculture
    Timeline: 10/2014-09/2015
    Amount Funded: $57,109
    Co-Investigator: Dr. John Newton, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign

    The first objective of this cooperative agreement is to provide detailed monitoring of the MPP-Dairy program, including analysis of dairy producer participation decisions, and the market-level response. MPP-Dairy is authorized through December 31, 2018. This cooperative agreement will monitor MPP-Dairy over two annual coverage election cycles for coverage years: 2014 (partial) and 2015. The second objective of this cooperative agreement is to develop outreach and extension materials that relate research findings of the first objective to dairy producer's perspective, i.e. explain how research findings influence how dairy producers may want to use the programs to improve revenue/profitability.


  • Dairy Economics Research Program
    Funding Agency: Midwest Dairy Association
    Timeline: 01/2014-07/2018
    Amount Funded: $500,000

    Dairy economics research activities in areas legally eligible for funding from dairy check-off will be supported by a framework funding agreement with the Midwest Dairy Association, with a total funding commitment of $500,000 paid over five years. Reseearch objectives:
    • To enhance the economic vitality of the dairy industry in Minnesota and the Midwest by providing research, analysis, insight and information for ensuring a diverse and vibrant market for milk produced by the region’s dairy farmers.
    • To enhance collaboration among Midwest land grant research institutions, state governments, dairy producers, processors and others in the dairy industry.
    • To conduct research and outreach in dairy economics topics of high relevance, primarily to the Midwest dairy industry, and secondarily to the entire U.S. dairy industry.


  • Adding Value to Acid Whey Residues from Dairy Processing: Technical Feasibility and Market Opportunity Analysis
    Funding Agency: USDA, AMS - Federal State Marketing Improvement Program; Midwest Dairy Association
    Timeline: 09/2013-08/2015
    Amount Funded: $62,534
    Co-Investigators: Dr. Tonya Schoenfuss, Food Science and Nutrition, University of Minnesota

    A recent rise in consumer demand for Greek yogurt has amplified the long-standing problem of acid (i.e. “sour”) whey, which is a byproduct of removing water from yogurt to achieve Greek-style thickness. While value was added to sweet whey by concentrating whey proteins, acid whey is not as rich in whey proteins because they are mostly retained in yogurt. Furthermore, due to its composition, acid whey is difficult to dry and handle. As such, this bystream is currently considered as waste, adding little value to dairy producers, and disposal problems to dairy processors. We propose to examine if additional marketing opportunities can be created for acid whey by converting it to soluble dietary fiber.


  • Farm and Market Level Effects of the 2013 Farm Bill Dairy Policy Reforms
    Funding Agency: USDA, Office of the Chief Economist
    Timeline: 09/2013-08/2014
    Amount Funded: $50,000

    The results of empirical analyses and in-person case studies both point to the importance of participation rates on expected government outlays and effectiveness of DMSP. Ongoing analysis by Dr. Bozic and others suggests that DPMPP could be a strong substitute for private risk insurance such as dairy futures and options contracts. Therefore, high participation rates may lead to significant crowding out effects, and liquidity of already thin dairy futures and options markets may further decline, reducing the opportunity of long hedgers to effectively manage their milk price risk exposure. This is especially concerning given the importance of forward contracts for dairy exports, as dairy commodity exporters use CME futures and options to transfer risk assumed by offering forward contracts to overseas dairy buyers. This cooperative agreement has these objectives: 1) estimate participation rate in new dairy programs across U.S. regions and farm sizes, 2) develop a theoretical model of market level effects of dairy policy on viability of private risk markets, and 3) suggest and evaluate policy modifications and private market innovations that may preserve and enhance liquidity of dairy futures and options markets in face of new dairy policy programs.


  • Effects of Retail Concentration on Market Power: The U.S. Fluid Milk Market
    Funding Agency: Food Policy Research Center, University Of Minnesota
    Timeline: 08/2013-02/2014
    Amount Funded: $40,000

    The US food marketing system has undergone significant structural changes over the past three decades. One such change, denoted in economics as concentration, refers to the pattern of rising market shares of only a few competitors. Is concentration good or bad for consumers? Traditionally, rising concentration has been modeled in economic theory as fertile ground for welfare-reducing exercise of market power, i.e. business strategies that reduce variety and availability of products in order to increase the product price and obtain higher profit margins on the back of retail customers. More recent theories, on the contrary, maintain that an increase in market concentration is beneficial to consumers, as larger businesses can be more efficient. In this study, we will develop a novel methodological approach that will examine the effects of rising concentration on retail market power in the U.S. dairy sector.


  • North Central Farm Bill Education for Dairy Producers
    Funding Agency: North Central Risk Management Education Center
    Timeline: 08/2013-08/2014
    Amount Funded: $49,912

    The dairy subtitle of the 2013 Farm Bill will eliminate the Dairy Product Price Support and Milk Income Loss Contract programs and replace them with a subsidized margin insurance program (Dairy Producer Margin Protection Program) and (possibly) a supply management program (Dairy Market Stabilization Program). In this project we will (i) develop a web-based decision-support software system to facilitate the understanding of the new dairy provisions and (ii) use this software to support an educational program in the North Central region.


  • Consumer Welfare Implications of the Dairy Market Stabilization Program
    Funding Agency: University of Minnesota, Office of the Vice President for Research
    Timeline: 01/2013-08/2014
    Amount Funded: $39,691

    Voluntary nature of the Dairy Market Stabilization Program may result in radically different milk price and consumer impacts than those one might expect from standard mandatory supply management policy. For example, Nicholson and Stephenson (2010) found that mandatory supply management increases long-run milk prices by 17 cents or 1.06%. In contrast, Nicholson and Stephenson (2011) find that under the scenario of high participation rates, voluntary supply management program would result in reduction in long-run average milk prices by as much as 92 cents or 5.7%. This difference, not just in magnitude but the direction of the effect as well, is due to self-selection of existing dairy producers to the DMSP, and unconstrained free-entry of new dairy farmers not participating in the program. Under the assumption of high participation rate, voluntary supply management does manage to reduce margin risk, making milk production a more attractive business, and thus stimulating additional milk production – ultimately reducing average milk prices. Increase in short-run milk prices, and the potential for reduction of long-run average milk prices have conflicting impacts on consumer welfare. On the one hand, if low milk prices occur in times of dampened aggregate demand and high unemployment rates, short-term increase in milk prices might produce strong adverse effects on consumer welfare. On the other hand, with milk production less risky, more milk might be produced in the long run, reducing milk prices and increasing consumer welfare. Hence, the question that remains unanswered thus far is – will consumers be better off under proposed dairy policy changes?

  • Bozic, M., C. Wolf, F. Yang, J. Newton and C.S. Thraen 2014. "Margin Protection Program for Dairy Producers: Implementation, Participation, and Consequences." Selected Paper prepared for presentation at the Agricultural & Applied Economics Association’s Crop Insurance and the 2014 Farm Bill Symposium, Louisville, KY, October 8-9, 2014. (link)

  • Newton, J., Bozic, M., C. Wolf, and C.S. Thraen 2014. "Option Valuation and Speculative Interest in a MPP-Dairy Margin Futures Contract." Selected Paper prepared for presentation at the Agricultural & Applied Economics Association’s Crop Insurance and the 2014 Farm Bill Symposium, Louisville, KY, October 8-9, 2014. (link)

  • Hovhannisyan, V., and M. Bozic. 2014. "On Price Endogeneity in the Analysis of Food Demand in China." Selected Paper prepared for presentation at the Agricultural & Applied Economics Association’s 2014 (AAEA) Annual Meeting, Minneapolis, MN, July 27-29, 2014. (link)

  • Bozic, M., J. Newton, C.S. Thraen, B.W. Gould. 2014. "Parametric Bootstrap Tests for Futures Price and Implied Volatility Biases With Application to Rating Dairy Margin Insurance." Selected Paper prepared for presentation at the Agricultural & Applied Economics Association’s 2014 (AAEA) Annual Meeting, Minneapolis, MN, July 27-29, 2014. (link)

  • Newton, J., C.S. Thraen, and M. Bozic. 2014. "Chewing the Cud on Using Multi-Commodity Hedge Ratios To Manage Dairy Farm Risk." Paper presented at the NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting, and Market Risk Management. St. Louis, MO. (link)

  • Wolf, C., M. Bozic, J. Newton and C.S. Thraen. 2013. "Moove Over: Will New Government-Sponsored Dairy Margin Insurance Crowd Out Private Market Risk Management Tools?" Paper Presented at AAEA 2013 Crop Insurance and the Farm Bill Symposium, Louisville, KY, October 8-9. (link)

  • Paterson, M., S. Clark, M. Bozic, K. Prusa and C. Strohbehn. 2013. "Assessment of consumer perceptions, preferences, and behaviors with fluid milk from different packaging." Annual Mtg. American Dairy Science Association, Indianapolis, IN. (abstract) (poster)

  • Newton, J., C.S. Thraen and M. Bozic. 2013. "Whither Dairy Policy? Evaluating Expected Government Outlays and Distributional Impacts of Alternative 2013 Farm Bill Dairy Title Proposals." Paper presented at AAEA Annual Meeting, Washington, D.C., 4-6 August. (link)

  • Hovhannisyan, V., Stiegert, K. and M. Bozic. 2013. "On Endogeneity of Retail Market Power in an Equilibrium Analysis: A Control Function Approach." Paper presented at AAEA Annual Meeting, Washington, D.C., 4-6 August. (link)

  • Hovhannisyan, V. and M. Bozic. 2013. "Own and Cross Pass-Through in a Structural Framework." Poster presented at AAEA Annual Meeting, Washington, D.C., 4-6 August. (link)

  • Newton, J., C.S. Thraen and M. Bozic. 2013. "Actuarially Fair or Foul? Asymmetric Information Problems in Dairy Margin Insurance", Paper presented at the NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting and Market Risk Management, St. Louis MO. (link)

  • Bozic, M., J. Newton, C.S. Thraen and B.W. Gould. 2012. “Do Volatility Smiles Matter for Pricing Asian Basket Options? The Case of Livestock Gross Margin Insurance for Dairy Cattle.” Working Paper P12-02, Program on Dairy Markets and Policy (link)

  • Bozic, M., J. Newton, C.S. Thraen and B.W. Gould. 2012. “Parametric Bootstrap Tests for Futures Price and Implied Volatility Biases with Application to Rating Livestock Margin Insurance for Dairy Cattle.” Staff Paper P12-9, Department of Applied Economics, University of Minnesota (link)

  • Bozic, M., J. Newton, C.S. Thraen and B.W. Gould. 2012. “Livestock Gross Margin Insurance for Dairy: Designing Margin Insurance Contracts to Account for Tail Dependence Risk.” Paper presented at AAEA Annual Meeting, Seattle WA, 12- 14 August. (link)

  • Bozic, M., and T.R. Fortenbery. 2012. “Price Discovery, Volatility Spillovers and Adequacy of Speculation in Cheese Spot and Futures Market.” Paper presented at the NCCC-134 Conference on Applied Commodity Price Analysis, Forecasting and Market Risk Management, St. Louis MO, 15-17 April. (link)

  • Bozic, M., and T.R. Fortenbery. 2011. “Pricing Options on Commodity Futures: The Role of Weather and Storage” Paper presented at AAEA Annual Meeting, Pittsburgh PA, 24-26 July. (link)

  • Bozic, M., and T.R. Fortenbery. 2010. “Analyzing Relationships Between Cash and Futures Dairy Markets Using Partially Overlapping Time Series” Paper presented at SAEA Annual Meeting, Orlando FL, 6-9 February. (link)

The National Program on Dairy Markets and Policy

  • Bozic, M., Wolf, C., and F. Yang. 2014. "What Do Dairy Producers Think about the Margin Protection Program?" Working Paper Series 14-05. (link)

  • Bozic, M., Newton, J., Novakovic, A.M., Stephenson, A.M., and C.S.Thraen. 2014. "Dairy Subtitle of the Agricultural Act of 2014." Information Letter 14-01. (link)

  • Bozic, M. and C. Wolf. 2013. "Large Herd Operator Opinions about Participation in the Proposed Farm Bill Dairy Programs." Briefing Paper 13-01. (link)

  • Newton, J., Thraen, C.S., Bozic, M., Stephenson, M.S., Wolf, C. and B.W. Gould. 2013. "Goodlatte-Scott vs. the Dairy Security Act: Shared Potential, Shared Concerns and Open Questions." Briefing Paper 13-01 (link)

Other
  • Newton, J., and M. Bozic. "MPP-Dairy Dashboard: Evaluating Milk Prices Needed to Trigger MPP-Dairy." farmdoc daily (4):214, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, November 5, 2014.(link)

  • Newton, J., Thraen, C., Gould, B.W., and M. Bozic. "Livestock Gross Margin Insurance for Dairy: The Other Dairy Safety Net Solution" farmdoc daily, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, June 13, 2014. (link)

  • Bozic, M., Newton, J. and C.S. Thraen. 2013. "Dairy Subtitle to the 2013 Farm Bill: Critical Issues and Options." Issue Brief. Food Policy Research Center, University of Minnesota. (link)

Dairy Herd Management,

  • October 2014: "Are you enrolled in MPP-Dairy Yet?" (link)

Dairy Star
  • November 8, 2014: "From Class III milk prices to MPP-Dairy Margins" (link)

  • October 25, 2014: "A guide through the MPP-Dairy online decision tool" (link)

  • October 11, 2014: "LGM-Dairy vs Margin Protection Program: What Would Work Better for You?" (link)

  • September 27, 2014: "MPP-Dairy: The 10-cents approach" (link)

  • September 13, 2014: "MPP vs. MILC" (link)

  • February 8, 2014: "2014 Farm Bill is Here." (link)

  • December 21, 2013: "Are IOFC Margins and Minnesota Milk Yields Negatively Correlated?" (link)

  • December 7, 2013: "How Important is Dairy in Top 10 Milk Producing States?" (link)

  • November 23, 2013: "Impact of the Dairy Market Stabilization Program" (link)

  • November 9, 2013: "Minnesota Dairies Lead the Nation in Homegrown Feed." (link)

  • October 26, 2013: "Minnesota Year-On-Year Fluid Milk Sales Down 5.1%." (link)

  • October 26, 2013: "Introducing Minnesota in Numbers" (link)

  • May 11, 2013. "What Do Dairy Exports Mean for Minnesota?" (link)

Hoard's Dairyman,
  • November, 2014: "Consider the unexpected wtih MPP-Dairy coverage" with J. Newton. (link)

  • April 25, 2014: "Will margin insurance crowd out futures activity?" with M. Stephenson and C. Wolf. (link)

  • December, 2013: "Stabilization would impact farms differently." with J. Newton and C.S. Thraen. (link)

  • November 2013: "Could Dairy Margin Insurance be as Popular as Crop Insurance?" (link)

  • May 25, 2013: "Dairy Proposals Offer Effective Catastrophic Insurance." with J. Newton and C.S. Thraen. (link)

  • November 2012: "Model Helps Predict Income over Feed Costs." (link)

Progressive Dairyman,
  • February 25, 2014: "What dairy policy changes ended up in the Farm Bill?" with J. Newton, A.M. Novakovic, M. Stephenson, and C.S. Thraen. (link)

  • October 19, 2014: "Here is What You Said On The New Dairy Safety Net" (link)

  • Dairy Herd Management, November 5, 2014: "Declining feed prices will impact MPP-Dairy payment trigger" (link)

  • Dairy Herd Management, November 5, 2014: "New MPP-Dairy "Dashboard Tool" and video available" (link)

  • Dairy Herd Management, October 24, 2014: "Protect yourself; MPP-Dairy is easy, LGM-Dairy may be better deal" (link)

  • Dairy Today, October 6, 2014: "More Than a Fourth of Dairy Farmers Still Have No Clue about the Margin Protection Program" (link)

  • Dairy Today, September 26, 2014: "Dairy Margin Protection Program vs. Dairy-LGM insurance" (link)

  • Feedstuffs, September 26, 2014: "Relishing milk prices - for now" (link)

  • Dairy Today, August 14, 2014: "Will you sign up for Farm Bill Dairy Program?" (link)

  • Dairy Herd Management, August, 12, 2014: "A chance to win cash - Dairy Margin Protection Program survey" (link)

  • KSTP, August 5, 2014: "Got Milk? New U of M Technology Could Better Detect When it Spoils" (link)

  • MNDaily, July 30, 2014: "University combats food supply issues with MnDRIVE"

  • Omaha World-Herald, March 21, 2014: "Here’s why milk prices are high and expected to get higher" (link)

  • Star Tribune, March 16, 2014: "Fewer U.S. Consumers Drinking Milk" (link)

  • Time, March 12, 2014: "Europe's War on American Cheese" (link)

  • NBC News, March 11, 2014: "Price of All-American Egg and Bacon Breakfast Harder to Swallow" (link)

  • Dairy Herd Management, March, 2014: "Dairy Margin Protection Program Summarized" (link)

  • Dairy Today, February 25, 2014: "Finally, a Farm Bill." (link)

  • CBS Minnesota, February 19, 2014: "Good Question: Why Are We Drinking Less Milk?" (link)

  • Cheese Reporter, February 7, 2014: "Senate OKs, President Obama To Sign New Farm Bill; Focus Turns To Implementation." (link)

  • Cheese Reporter, January 31, 2014: "Partners Announce Long-Term Commitment To Support Dairy Economics Research Program At University Of Minnesota." (link)

  • Agri News, February 5, 2014: "Increased support leads to better focus on dairy economics." (link)

  • Washington Post, January 15, 2014: "U.S. dairy industry wants price protections in the farm bill" (link)

  • Dairy Today, January, 2014: "Where will you build your next dairy?" (link)

  • Hoard's Dairyman, December 2013: "Stabilization would impact farms differently." (link)

  • Time, December 11, 2013: "People Are Freaking Out About $8-a-Gallon Milk." (link)

  • Dairy Today, December 5, 2013: "Sixty Percent Chance of Farm Bill?" (link)

  • Dairy Today, November 18, 2013: "Gaming the Farm Bill." (link)

  • Dairy Today, November 6, 2013: "Dairy Supply Management Could Affect States Differently." (link)

  • Hoard's Dairyman, November 2013: "Could Dairy Margin Insurance be as Popular as Crop Insurance?" (link)

  • Cheese Reporter, November 1, 2013: "Costs Of Farm Bill Dairy Proposals Could Be Up To Three Times As High As Costs Of Current Programs; Large Farms Benefit More." (link)

  • Dairy Today, October 30, 2013: "New Farm Bill Dairy Provisions Effective, But More Expensive." (link)

  • Dairy Star, October 25, 2013: "Introducting Minnesota in Numbers" (link)

  • DairyLine Radio, October 18, 2013: "“MILC & Honey” Proposal Drawing Some Attention." (link) (listen)

  • Dairy Today, June 4, 2013: "Dairy Policy Roulette." (link)

  • Hoard's Dairyman, May 25, 2013: "Dairy Proposals Offer Effective Catastrophic Insurance." (link)

  • Dairy Today, May 17, 2013: "Is the Dairy Debate Asking The Wrong Question?" (link)

  • Dairy Today, February 27, 2013: "Dairy Talk: No slam dunks in dairy policy" (link)

  • Cheese Reporter, April 12, 2013: "With Farm Bill Action Nearing, Dairy Security Act Debate Heats Up" (link)

  • Minnesota Public Radio, December 27, 2012: "Will milk prices double without farm bill renewal?" (link)

  • Dairy Today, November 28, 2012: "A Better Way" (link)

  • Progressive Dairyman, November 21, 2012: "A winning strategy with LGM-Dairy" (link)

  • Hoard's Dairyman, November 2012: "Model Helps Predict Income over Feed Costs." (link)

  • Dairy Today, December 1, 2011: "Dairy Exports Might Not Enhance Price" (link)

  • Progressive Dairyman, November 1, 2011: "New hires - November" (link)