Nebraska Extension will host risk management workshops for cattle producers Nov. 17, 18 and Dec. 1, in Arthur, Stapleton and Wahoo. The meetings will highlight strategies designed to reduce risk exposure to achieve a profitable outcome during uncertain times.
Current issues facing the cattle industry will be discussed to help producers to make more informed decisions facing the industry.
Topics will include managing drought risk with PRF insurance, managing price risk and strategies to achieve better profitability. Specific marketing tools covered during the workshop to manage price risk will include futures and options as well as Livestock Risk Protection (LRP) Insurance. Participants will be guided through a case study to better understand strategies discussed during the workshop.
The workshop is free and a meal will be provided, but registration is required one day prior to start of each workshop to ensure an accurate meal count. Dates and locations are:
- Nov. 17, 5-8:30 p.m. in Arthur at the Bunkhouse Bar and Grill, 306 Fir St. (Register by calling 308-532-2683).
- Nov. 18, 10 a.m.-2 p.m. in Stapleton at the Logan County Fairgrounds, 24 Ave. 70 (Register by calling 308-532-2683).
- Dec. 1, 5-8:30 p.m. in Wahoo at the Saunders County Fairgrounds, 635 E. 1st St. (Register by calling 402-624-8030.
Funding for this project is provided in partnership with the USDA-NIFA under Award Number 2018-70027-28586.