Livestock producers have risk management options

Smith, Ron
October 2011
Southwest Farm Press;10/20/2011, Vol. 38 Issue 20, p18
Trade Publication
The article focuses on the new risk management options for cattlemen and other livestock producers in the U.S. It mentions programs that protect livestock producers from production losses and price fluctuations such as the Pasture, Rangeland and Forage (PRF), the Livestock Gross Margin (LGM), and the Livestock Tisk Protection (LRP). Moreover, the PRF is based on a rainfall index which is also based on data from the National Oceanic & Atmospheric Administration (NOAA) Climate Prediction Center.


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