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LRP Insurance Available to Help Cattle Producers Manage Risk - AG INFORMATION NETWORK OF THE WEST

LRP Insurance Available to Help Cattle Producers Manage Risk
Tuesday May 11th, 2021
Cattle futures have been getting hammered lately on the sharply higher corn prices. And that has a lot of cattlemen and women talking about how they can manage risk and protect their bottom line.
Shawn Fladager is the branch manager for Northwest Farm Credit Services in Great Falls, Mont. and says there’s a risk management tool available called Livestock Risk Protection insurance that can help.
The Livestock Risk Protection (LRP) has been around for over a decade now, said Fladager. It s a tool that has been available and offered by the Risk Management Agency, which is the governing body of crop insurance. It s a tool that you can use to help hedge the market for lack of a better term. If cattle futures have a sharp fall at the Chicago Mercantile Exchange, this program is designed to help protect producers from that. ....

United States , Great Falls , Russell Nemetz , Shawn Fladager , Chicago Mercantile Exchange , Risk Management Agency , Farm Credit Services In Great Falls , Help Cattle Producers Manage , Northwest Farm Credit Services , Livestock Risk Protection , Montana Ag Network , Western Ag Network , ஒன்றுபட்டது மாநிலங்களில் , நன்று விழும் , ரஸ்ஸல் நேமெத்ஜ் , சிகாகோ வணிக பரிமாற்றம் , பண்ணை கடன் சேவைகள் இல் நன்று விழும் , வடமேற்கு பண்ணை கடன் சேவைகள் , கால்நடைகள் ஆபத்து ப்ரொடெக்ஶந் ,

LRP Insurance Available to Help Cattle Producers Manage Risk - AG INFORMATION NETWORK OF THE WEST

LRP Insurance Available to Help Cattle Producers Manage Risk
Tuesday May 11th, 2021
Cattle futures have been getting hammered lately on the sharply higher corn prices. And that has a lot of cattlemen and women talking about how they can manage risk and protect their bottom line.
Shawn Fladager is the branch manager for Northwest Farm Credit Services in Great Falls, Mont. and says there’s a risk management tool available called Livestock Risk Protection insurance that can help.
The Livestock Risk Protection (LRP) has been around for over a decade now, said Fladager. It s a tool that has been available and offered by the Risk Management Agency, which is the governing body of crop insurance. It s a tool that you can use to help hedge the market for lack of a better term. If cattle futures have a sharp fall at the Chicago Mercantile Exchange, this program is designed to help protect producers from that. ....

United States , Great Falls , Russell Nemetz , Shawn Fladager , Chicago Mercantile Exchange , Risk Management Agency , Farm Credit Services In Great Falls , Help Cattle Producers Manage , Northwest Farm Credit Services , Livestock Risk Protection , Montana Ag Network , Western Ag Network , ஒன்றுபட்டது மாநிலங்களில் , நன்று விழும் , ரஸ்ஸல் நேமெத்ஜ் , சிகாகோ வணிக பரிமாற்றம் , பண்ணை கடன் சேவைகள் இல் நன்று விழும் , வடமேற்கு பண்ணை கடன் சேவைகள் , கால்நடைகள் ஆபத்து ப்ரொடெக்ஶந் ,