News & Events
LRP: Important Updates for Crop Year 2024
This year we have two big updates for Livestock Risk Protection (LRP). Below are the changes directly from the Risk Management Agency: · Modified the end of the sales period to 8:25 AM Central Time; and · For LRP-Fed Cattle, modified the price series to “Over 80% Choice.” The first modification means that any Specific… Continue reading LRP: Important Updates for Crop Year 2024
Annual Forage: 2024 Changes
Looking ahead into 2024, check out some of the changes that we will be seeing with the Annual Forage Insurance Program. Annual Forage is designed to protect your operation from lack of rainfall for acreage planted for feed or fodder by livestock. Below are the highlights provided by the RMA, to read the full article… Continue reading Annual Forage: 2024 Changes
Spring Has Sprung: Next Steps For Spring Crop ’23
We are past the 2023 Spring Crop deadline, but some critical dates remain to keep on your radar. Production Reporting: Production reporting occurs 45 days after the Spring Crop sales closing date and is for the previous year’s crop production. The required information for this deadline is planted acres and yields. For current customers, acres… Continue reading Spring Has Sprung: Next Steps For Spring Crop ’23
LRP: Risk Management Strategies for Video Sale Marketing
While the strategy of marketing cattle has changed, Livestock Risk Protection (LRP) can still provide price security where you need it. Video Sales have altered the way we buy and sell cattle and many producers find their greatest risk falls between calving and the time they sell. LRP can fill in the gap with price… Continue reading LRP: Risk Management Strategies for Video Sale Marketing
How To: Pasture, Rangeland, Forage
Pasture, Rangeland, Forage insurance is designed to help protect your operation from the risks of forage losses produced for grazing or haying resulting in increased costs for feed. Simply put, the Pasture, Rangeland, Forage program offsets the cost of additional feed expenses in times of low precipitation. With Pasture, Rangeland, Forage, you can protect up… Continue reading How To: Pasture, Rangeland, Forage
The Long-Range Forecast: A Brief History
AgRisk Advisors provides a plethora of utilities and resources to help our farmers and ranchers make better decisions to improve their operations. From videos to policy forecasting, AgRisk is your trusted partner in managing risk for your operation. With Pasture Rangeland Forage season upon us, AgRisk Advisors wants to highlight a producer favorite, The Long-Range… Continue reading The Long-Range Forecast: A Brief History
How To: The AgRisk Almanac
What is The AgRisk Almanac? The AgRisk Almanac is the 2022 version of the long-range forecast. A free, live, and interactive event that will include a long-range forecast like in previous years and a live Q&A with AgRisk Advisors and Brian Bledsoe, Chief Meteorologist/Climatologist KKTV Colorado Springs. Once a month, from September 2022… Continue reading How To: The AgRisk Almanac
Podcast: Aaron Kavig
One of our very own AgRisk Advisors had the opportunity to guest star on the “Cattleman U” podcast! Aaron Kravig joins Caroline to discuss how managing risk in your operation can be a real challenge to farmers and ranchers. In this episode, Aaron Kravig explains the benefits of investing in risk protection. Along with being… Continue reading Podcast: Aaron Kavig
How To: Find Your Grid
One of the many wondrous benefits of partnering with AgRisk Advisors is having access to excellent resources and technology. We send you weekly weather reports, interval reports, and much more. Specifically – we show you how to access the USDA RMA Pasture Rangeland Forage support tool. This tool allows you to find your grid, look… Continue reading How To: Find Your Grid
RMA: Provides a Helping Hand
7/13/2022 AgRisk Advisors (303)571-9300 firstname.lastname@example.org www.AgRiskAdvisors.com United State Department of Agriculture’s Risk Management Agency launches Emergency Drought Relief – Deferral of Interest Charges. The RMA has recognized the recent challenges draught and other conditions have brought to farmers and ranchers. In response to these conditions, the RMA has released “Emergency Drought Relief –… Continue reading RMA: Provides a Helping Hand
Hail: An Umbrella Won’t Work but Insurance Might
Hail damage to crops is not breaking news to farmers and ranchers, especially in Colorado. In the United States annually, hailstorms cause approximately $1.3 billion worth of damages in the agricultural industry. Thankfully, organizations like AgRisk Advisors can help protect you from the cost of damages when hailstorms are in the forecast. Hail damage can… Continue reading Hail: An Umbrella Won’t Work but Insurance Might
LRP Update: 60-Day Ownership Requirements Suspended Due to Drought
Today the RMA released in their Manager’s Bulletin: MGR-22-004, that at the discretion of the Approved Insurance Providers(AIP), the 60-day ownership requirement for Livestock Risk Protection can be waived. This suspension of the requirement results from severe drought conditions present in many cattle-producing states. The limited feed supply has caused several producers to market their… Continue reading LRP Update: 60-Day Ownership Requirements Suspended Due to Drought
2023 Crop Year: Changes to Livestock Risk Protection & Livestock Gross Margin
As explained in previous editions of this blog, Livestock Risk Protection (LRP) is designed to insure against declining market prices and Livestock Gross Margin (LGM) protects against the decline in gross margin. No other perils are covered under these policies. The RMA has released significant changes to the LRP and LGM policies for the 2023… Continue reading 2023 Crop Year: Changes to Livestock Risk Protection & Livestock Gross Margin
Meat Producers Appreciation Day Part 2
What can you do to show appreciation for our Colorado meat producers? Buy meat! Whether it is at your local grocery store or ordering a burger at a restaurant, your purchases of meat-based products is a great way to show your support for meat producers. Get to know your local producers. Farmer’s markets provide… Continue reading Meat Producers Appreciation Day Part 2
Meat Producers Appreciation Day
Colorado has been a cattle ranching state since the 1800s. Cowboys started moving cattle into western Colorado from Texas. The abundance of grass and grazing space was ideal for cattle raising. The cattle industry in Colorado quickly became the iron horse of Colorado’s economy. The United States livestock industry contributes just under $900 Billion to… Continue reading Meat Producers Appreciation Day
LRP: Fed Cattle
Livestock Risk Protection-Fed Cattle is one of the two cattle-related commodity types under LRP. Like all the LRP policies, this product is federally reinsured and protects against a potential fall in the cash price. The cash value related to this product is the 5 Area Weekly Weighted Average Direct Slaughter Cattle. When purchasing coverage, you… Continue reading LRP: Fed Cattle
LRP: Feeder Cattle
Livestock Risk Protection-Feeder Cattle is one of the two cattle-related commodity types under LRP. Like all LRP policies, this product is federally reinsured and protects against a potential fall in the cash price. The cash value related to this product is the CME Feeder Cattle Index. When purchasing coverage, you may select from various coverage levels… Continue reading LRP: Feeder Cattle
Today, we are going to walk through how to navigate the AgRisk Advisors website and the correct process for submitting your operation’s information to receive Livestock Risk Protection updates and rates. We have created a tool so producers can easily receive updates on daily LRP offers. First, you will need to go to www.lrpadvisors.com, this… Continue reading LRP Navigation
What In The Hemp!
In 2020, a new program was released through Federal Crop Insurance as a risk management tool for Industrial Hemp operations. Industrial Hemp is not a new crop by any means, but because of its legal status, Hemp could not be included in a federal program. Although, the 2018 Farm Bill changed all of that,… Continue reading What In The Hemp!
Explained: Crop Insurance Part 2
OU vs. EU If you tuned in last week, you now understand the basics of these crop insurance policies, and it’s essential to know how they can be applied. Specifically, whether they will be applied on a section-by-section or county basis when you insure fields on a section basis, known as an optional section, this… Continue reading Explained: Crop Insurance Part 2
Explained: Crop Insurance
In our work as trusted advisors in crop insurance, we know that the risk management decisions you make for your farm have become increasingly complex. With less-than-ideal prices and increasing inputs, it can be hard to know when to increase your safety net or save your money and put it somewhere else in your operation.… Continue reading Explained: Crop Insurance
Frequently Asked Questions: Livestock Risk Protection
Question: What happens if I decide not to sell cattle I’ve purchased LRP coverage on? Answer: There is no obligation to sell cattle on which you have purchased LRP Feeder Cattle coverage. You may choose to retain ownership and still be eligible for the indemnity should the Actual End Value fall below your Coverage Price.… Continue reading Frequently Asked Questions: Livestock Risk Protection
How To: Livestock Risk Protection (LRP)
One of the primary benefits of Livestock Risk Protection is its simplicity. Managing your operation’s price risk with LRP can be explained in 3 steps. First, we begin with the application process, next is a review of establishing coverage, and last, we’ll review what occurs if there is a loss. First, we begin with the application.… Continue reading How To: Livestock Risk Protection (LRP)
Still Looking for a PRF Partner?
If you are not receiving regular updates on your PRF policy, or if you’re still in the process of learning whether the Pasture, Rangeland, Forage program will work for your operation, we have you covered. No policy? No problem! Only with AgRisk Advisors. When you call us for a coverage example, we will want to get to know… Continue reading Still Looking for a PRF Partner?
2021 Commercial Cattlemen’s Symposium September / 15 / 2021 – Boise, ID
Commercial and seedstock producers alike will want to grab a seat in Boise, Idaho, on Sept. 15 for the Commercial Cattlemen’s Symposium, hosted by the Red Angus Association of America. This year’s symposium features a plethora of top-tier speakers who will challenge attendees to think outside the box and towards the future.
2021 Cattle Industry Convention & NCBA Trade Show August / 10-12 / 2021 – Nashville, TN
The Cattle Industry Convention & NCBA Trade Show is agriculture’s premier event where the industry comes together to get down to business for the cattle industry. The 2021 event will be one of the largest on record and will be something that you can’t afford to miss!
Wyoming State Fair/Wyoming Livestock Roundup Tent August / 17 – 21 / 2021 – Douglas, WY
Cattle U & Trade Show July / 29 – 30 / 2021 – Dodge City, KS
Cattle U and Trade Show is a two-day event, full of educational opportunities for producers. Whether you are a cow-calf producer, a stocker, or a feeder, there will be educational sessions to benefit you with practical and useful information. For event details, visit cattleu.net.
Are Beyond Meat’s plant-based burgers healthier than red meat?
Dietitians say no.
Impossible and Beyond: How healthy are these meatless burgers?
Meatless burgers are heavily processed and high in saturated fat.