We talked with one customer-owner about his operation and how he utilizes Livestock Risk Protection (LRP). ⬇ As a cattle operator, Tyler naturally wants today’s strong prices to continue. Realistically, he knows they will come down, and possibly, he said, sooner than some might expect. Tyler’s family is in growth mode to make room for the next generation. Insuring “everything we can” with LRP and crop insurance gives the assurance needed to keep investing for the future. “Whether it’s a breakeven, or even a little less, at least it keeps a guy in the game of farming and ranching instead of having a bad year that wipes you out and you don’t have any recourse or income to offset the loss.”
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Summer's Here - Time to Hedge Your Livestock Bets! Livestock prices can be unpredictable. Our expert agents at FCSA/FFC can help you navigate your LRP options and choose the plan that best fits your needs. Don't wait - contact a friendly FCSA/FFC agent today! #LivestockRiskProtection #FCSA #FFC #RiskManagement
We talked with one customer-owner about his operation and how he utilizes Livestock Risk Protection (LRP). ⬇ As a cattle operator, Tyler naturally wants today’s strong prices to continue. Realistically, he knows they will come down, and possibly, he said, sooner than some might expect. Tyler’s family is in growth mode to make room for the next generation. Insuring “everything we can” with LRP and crop insurance gives the assurance needed to keep investing for the future. “Whether it’s a breakeven, or even a little less, at least it keeps a guy in the game of farming and ranching instead of having a bad year that wipes you out and you don’t have any recourse or income to offset the loss.”
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Effective risk management involves using weather forecasting tools to plan field activities, investing in crop insurance to protect against losses, and diversifying crops, livestock, and income sources to spread risk.
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Many agricultural risks cannot be insured on a financially sound basis, but there is scope for increased insurance of farm assets, and of some specific perils that affect crop and livestock yields. #AgriculturalInsurance https://lnkd.in/d_A-e2Qc
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Watch this informative video from Poultry Biosecurity for expert insights into best practices for tractor maintenance. In the world of farming, repairs can be expensive, so don't overlook these crucial tips to safeguard your equipment and your bottom line. Proactive care today ensures a fruitful harvest tomorrow! https://lnkd.in/eDeAx8JN #TractorMaintenance #Tractors #Maintenance #Longevity #TheMoreYourKnow #MaintenanceTips #PoultryBiosecurity #PoultryConfinement #PoultryFarming #Insurance #FarmInsurance #Virginia
Basic Tractor Maintenance Tips For Poultry Farms
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Many agricultural risks cannot be insured on a financially sound basis, but there is scope for increased insurance of farm assets, and of some specific perils that affect crop and livestock yields. #AgriculturalInsurance https://lnkd.in/d_A-e2Qc
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🌾 This farming season, trust Minerva to safeguard your investments! 🚜 Our insurance coverage protects your agricultural, machinery, and livestock assets, giving you peace of mind. #FarmersInsurance #RiskManagement
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Happy National Ag Day! Today, Agriculture isn't just a job—it's a way of life that requires dedication and passion. As we take a moment today to appreciate where our food comes from, let's also take the opportunity to learn more about agriculture and get involved in supporting our farming communities. If you're looking to safeguard your agricultural operation, our insurance and risk management ag specialists are here to help. They're experts in tailoring solutions to protect your crops, livestock, and equipment against the unpredictable. Whether you need crop insurance, livestock protection, or equipment coverage, we've got you covered. Drop us a message or comment below to start a conversation. Let's cultivate a greater understanding together and ensure a resilient future for our farming community. #Powerthroughpartnership #NationalAgDay #AgDay2024 #RiskManagement
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𝗡𝗲𝘃𝗲𝗿 𝘂𝗻𝗱𝗲𝗿𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝘁𝗵𝗲 𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝘃𝗮𝗹𝘂𝗲 𝗼𝗳 𝘆𝗼𝘂𝗿 𝗹𝗶𝘃𝗲𝘀𝘁𝗼𝗰𝗸! Our Head of Agri, Richard Henderson discusses in this week's Farming Life the importance of the valuation placed on your herds and flocks and why you should look ahead when considering your sums insured. To read the article 👉 https://brnw.ch/21wG6bl #InsureWhatMatters #FarmInsurance #AgriInsurance
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In the unpredictable world of agriculture, where natural disasters and market fluctuations can happen without warning, crop insurance provides a much-needed safety net. Click on the link below for more info. https://lnkd.in/gM8yKzxE #CholaMS #StayProtected #StayInsured #CropInsurance
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Landon Nelson is undeniably a thought leader in the Livestock insurance space. His latest post is packed with valuable insights. If you're in the market for Livestock insurance, or simply curious about the industry, I highly recommend checking it out. Landon’s expertise is unmatched! #livestockinsurance #agriculture #thoughtleader #insurance #FarmCreditServicesofAmerica
For the first 6 months of the year, feeder cattle imports are up by 177,000 head compared to last year. Imports in 2024 are 32,000 less than in the first 6 months of 2014. Slaughter weights continue to run 20+ lbs. over the past few years, and cheap feed could maintain that trend. Above all, changes to the heifer slaughter mix could have the most significant market impact over the next 6 months. Beyond supply and demand considerations, I’ve been educating producers on Livestock Gross Margin (LGM). LGM is a tool to help protect the futures relationship between live cattle, feeder cattle, and corn, safeguarding that margin relationship. Protecting a margin relationship on cattle while futures trade at a discount to cash, is a great place to start managing risk!
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