The global nature of agricultural trade and market forces makes cattle price cycles less predictable, and this presents a different kind of risk than historical pricing pressures. But Dr. Shannon Neibergs, director of the Western Center for Risk Management and a livestock economist, believes there are real opportunities to respond to (in winter 2022-23). Listen in to learn about the current milieu. We conclude with Jack Field (CKP Insurance) on how Livestock Risk Protection can help you mitigate market volatility.
RESOURCES
Livestock Risk Protection for Feeder Cattle, USDA Risk Management Agency fact sheet, https://www.rma.usda.gov/Fact-Sheets/National-Fact-Sheets/Livestock-Risk-Protection-Feeder-Cattle
Episode 66 on LRP, https://artofrange.com/episodes/aor-66-livestock-price-risk-management-jack-field-shannon-neibergs
TRANSCRIPT at https://artofrange.com/episodes/aor-94-current-cattle-market-risks-opportunities-shannon-neibergs-and-jack-field