With Elliott Dennis, Assistant Professor and Livestock Economist, University of Nebraska-Lincoln; and Jay Parsons, Professor and Farm and Ranch Management Specialist, University of Nebraska-Lincoln.
USDA-RMA recently released a new federally subsidized insurance product called Weaned Calf Risk Protection (WCRP). In a previous webinar through the Center for Agricultural Profitability (CAP) we reviewed how the product works, reporting requirements, and indemnity payouts. On January 15th the USDA-RMA will release the projected prices for 2024 and premium rates by county for Nebraska, Colorado, South Dakota, and Texas. This webinar will focus on reviewing these rates, potential strategies consider, and trade-offs between different USDA-RMA insurance products based on the chosen strategy.