Protecting Your Profits With Price Insurance
- amy55735
- Jun 5
- 1 min read
With the value of cattle continuing to rise, the amount of risk tied up in each animal in the pasture and the feedlot also increases. Risk management tools are available to producers to help mitigate the effects of the cattle cycle and volatility in the market.
Cash cattle prices have risen for the last seven weeks. The spread between futures and cash is really wide with multiple issues affecting the spread.
Fifth generation rancher, Jared Brackett, Filer, Idaho, runs a cow-calf and backgrounding operation with his family. Brackett began purchasing Livestock Risk Protection (LRP) on his cattle four years ago as it was cheaper and easier than using futures and options for hedging.
Maggie Malson
June 04, 2025
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