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With market uncertainty ahead, risk protection recommended

Candace Krebs Special to Ag Journal With dry conditions likely to continue, cattle producers should prepare for downward pressure on the market and carefully consider the benefits of livestock risk protection, a newly revamped federally subsidized insurance product, according to a livestock economist who spoke during the recent four-state crop insurance workshop hosted by Colorado State University Extension. “We expect to see drought persist and expand. It looks to be quite a tough winter,” said Trent Milacek, Oklahoma State University’s livestock economist for the western area. “If it stays abnormally dry, it’s probably going to reduce demand for cattle,” he added. “The increased price of cattle feeding and less grazing is only going to weigh on cattle prices.”

Ag Labor Survey CFVGA - AG INFORMATION NETWORK OF THE WEST

Ag Labor Survey CFVGA A comprehensive agriculture labor survey of Colorado producers is underway. It’s the first such survey in decades and covers on-going challenges like wages, visas, affordable housing, and market competition. Drake: “It is CFVGA members. It is also other industries, dairy, row crops, ag wide.” Marilyn Bay Drake is Executive Director of the Colorado Fruit and Vegetable Growers Association. The first look at the survey’s findings will be at the CFVGA’s annual conference in February. Drake: “Really get a lot of data from growers, what they need, what the challenges are in regard to labor to workers”

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