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The methods and concepts we discuss apply anywhere, but our emphasis and examples are mostly from Africa and South Asia. Many of the techniques we discuss are also relevant for precision farming - that is, the study and management of variation within agricultural fields; but we focus on variation across larger areas: variation between fields, within entire regions, or countries... Low forage availability affects livestock growth (meat production) and milk production. It can also lead to livestock mortality. Whereas in crop insurance the emphasis is on the loss of production (crop yield), here we focus on the livestock mortality (the loss of assets). Ideally, both aspects would be considered together, but tracking production from livestock is much harder than tracking mortality (which is difficult enough)... In this exercise you will learn the workflow to design a contract based on satellite data. For the remote sensing analysis our goal is to produce one of more seasonal values..