News & Events
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.