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[Music] hi im scott brown kaffner director of strategic partnerships and associate agricultural applied economics extension professor in the division of applied social sciences at the university of missouri i get the chance to host this take one for ag segment and i feel like its my first time hosting saturday night live so i appreciate the opportunity to do this and for this take one for ag segment joining me today is dr teo skevas assistant professor of agricultural applied economics heyo thanks for being here today thank you for having these discussions scott dairy policy has been a long time focus of my career and im interested in the research you conducted recently to examine how the income over feed cost margin is one economic indicator for the dairy industry and how well u.s dairy policy has managed operating risk for the countrys dairy producers with this margin in mind to start today can you explain the significance of the income over feed cost margin yes the income of vet