Understanding Livestock Risk Management: LRP, PRF and More

About this episode

Clay Burtum discusses various livestock risk management programs and their importance for producers.

Whether managing a herd of 10 or 10,000 head, there are ways to mitigate risk in price, weather and market volatility. Clay Burtrum, Farm Data Services, is breaking down risk management programs like Livestock Risk Protection; Pasture, Rangeland and Forage; and Weaned Calf Risk Protection. Clay walks through the differences between these programs and considerations for producers using these tools to protect their herd. There are options for everyone, and Clay encourages listeners to explore new programs for beginning farmers/ranchers and veterans. Hear from experts at Elanco about protecting against parasite and animal health risk, too. https://www.elanco.com/us #RiskManagement #FarmRisk #LRPInsurance #PRFInsurance #CattleMarkets #AgBusiness

People in this episode

Guest: Clay Burtum

Topics covered

• livestock risk management
• price volatility
• weather risk
• market volatility
• risk management programs

Keywords

• RiskManagement
• FarmRisk
• LRPInsurance
• PRFInsurance
• CattleMarkets
• AgBusiness

Sponsors

Elanco

Mentioned in this episode

Products: Livestock Risk Protection, Pasture Rangeland and Forage, Weaned Calf Risk Protection

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