Livestock Risk Management Workshops to Highlight Insurance, Planning Strategies for Producers

Livestock Risk Management Workshops to Highlight Insurance, Planning Strategies for Producers
Workshop graphic.

The latest insurance options and risk management information for livestock producers will be covered during a series of workshops across the state presented by the University of Nebraska-Lincoln’s Center for Agricultural Profitability and Nebraska Extension.

Nebraska Extension educators and specialists will highlight strategies designed to reduce risk exposure so livestock producers can achieve a profitability outcome in uncertain times. Current issues facing the cattle industry will be discussed to help producers to make more informed decisions. The goal of this program is to provide producers with the tools and resources needed to navigate the volatile livestock market and better manage risk through the creation of a risk management plan.

Topics will include managing drought risk with USDA’s Pasture, Rangeland, and Forage (PRF) Insurance and managing price risk with USDA’s Livestock Risk Protection (LRP). PRF is an annual sign-up due on Dec. 1. LRP can be purchased most business days. The Weaned Calf Risk Protection Program, new this year, will also be discussed.

Workshops are free to attend, but registration is required by one day prior to each workshop. Information is available on the Center for Agricultural Profitability’s website, https://cap.unl.edu/livestockrisk.

Schedule and registration information:

North Platte — Nov. 12, 2024, 6:30-8:30 p.m. CT, at the West Central Research, Extension and Education Center, 402 W. State Farm Road. Register by Nov. 11 at 308-532-2683.  This meeting will be rescheduled in early 2025.

Curtis — Nov. 13, 2024, 7-9 p.m. CT, at the Nebraska College of Technical Agriculture, Educational Center Room 137, 404 E. 7th St. Registration requested by Nov. 12 to ensure availability of materials. Register at 308-367-4424 or https://go.unl.edu/l-r-m.

O’Neill — Nov. 19, 2024, 10:30 a.m.-2 p.m. CT, at the Holt County Annex Building, 128 N. 6th St. Register by Nov. 18 at 402-336-2760 (Lunch provided at this location by The Tri-County Bank).

Chadron Dec. 3, 2024, 5:30-7:30 p.m. MT, at the office of Nebraska Extension in Dawes County, 250 Main St., Suite 8. Register by Dec. 2 at 308-432-3373.

Scottsbluff — Dec. 4, 2024, 5:30-7:30 p.m. MT, at the Panhandle, Research, Extension and Education Center, 4502 Ave. I. Register by Dec. 3 at 308-632-1230.

Clay Center — Jan. 21, 2025, 10:30 a.m.-2 p.m. CT, at the U.S. Meat Animal Research Center, 844 Road 313. Register by Jan. 20 at 402-759-3712. (Weather date: Jan. 28).

 

This material is based upon work supported by USDA/NIFA under Award Number 2023-70027-40444.