The Refundable Assessment plan has the desirable attributes of transparency, simplicity and potency in moderating milk price volatility. It is a program that can be set in place and then effectively operates on “auto-pilot”. However, a one dollar assessment—even if refundable—has seemed like a lot of money to dairy producers. Also, the program penalizes rapid growth—an attribute that some regions of the country desire to have happen. Given the size of the assessment, some analysts have also suggested that farms will manipulate ownership arrangements to avoid not receiving the payment on at least some of their milk. As a result of these perceived limitations of a refundable assessment program, Dairy Farmers Working Together (DFWT) is a group with roots in Vermont which requested that we look at an expanded version of a Cooperatives Working Together (CWT) type of program with dual goals of moderating price volatility and price adequacy.