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August 1, 2021
Breakout Sessions
Background
• Limited‐use policies
• PRF overview and participation trends
• … Federal insurance options are
becoming more favorable
https://www.ksre.k‐state.edu/news/stories/2021/01/beef‐cattle‐winter‐ranch‐management‐series.html
Cow‐calf insurance options by type of risk
Production
FeedPrice
LRP
PRF
LGM
MPCI
WFRP
Production Risk:
Events such as disease or
weather that can lead to a
decline in production/weight
gain or mortality
Price Risk
Market price might drop,
even to the point of not
covering the cost of
production
Feed Risk
If crop/forage yield decreases,
feed may become expensive
or difficult to purchase
Policies in red are
never triggered
by farm‐specific
losses. This can
have some
advantages but
basis risk may be
an issue
Annual forage
Background
• …
2021 Risk and Profit Conference Recordings
Background
• Limited‐use policies
• PRF overview and participation trends
• … Federal insurance options are
becoming more favorable
https://www.ksre.k‐state.edu/news/stories/2021/01/beef‐cattle‐winter‐ranch‐management‐series.html
Cow‐calf insurance options by type of risk
Production
FeedPrice
LRP
PRF
LGM
MPCI
WFRP
Production Risk:
Events such as disease or
weather that can lead to a
decline in production/weight
gain or mortality
Price Risk
Market price might drop,
even to the point of not
covering the cost of
production
Feed Risk
If crop/forage yield decreases,
feed may become expensive
or difficult to purchase
Policies in red are
never triggered
by farm‐specific
losses. This can
have some
advantages but
basis risk may be
an issue
Annual forage
Background
• …
August 1, 2019
Breakout Sessions
for interstate movement of livestock
I “Be officially identified” … head discount for no ID.
Policy Implications
Figure: Participation … premiums and cost
reduction policies …
General Sessions
the Trade and Agricultural Policy Division at CARD. He
is … the Food and Agricultural Policy
Research Institute, a research … his analysis of U.S. farm policy and international agricultural …
January 1, 2011
KFMA Newsletters
returns, changes in tax
policy, massive budget deficits … and financial stress in livestock industries. I
will briefly … and financial stress in the livestock
industries. An increase …
November 5, 2015
Risk Management Strategies
premium checks. This proposed policy includes a means test that … 250,000. In addition, this policy will cap insurers' administrative … feed supply for feeding
livestock or dairy cows. In addition …
July 23, 2012
Risk Management Strategies
farmers who feed their corn to
livestock or dairy cows will need to … different than a homeowner’s policy that increases
the coverage … and like a homeowner’s policy, the coverage
increases …
May 15, 2019
needed
• Role of gov’t policies mainly conceptual in current … biosecurity-conditional indemnity policies hold social
value!
Producers … reducing the impact of
livestock pests or disease
outbreaks
This …
August 2, 2018
unreported market. Many livestock producers (dairy or beef … apply under their insurance policy.
The rest of this article … degree or another with all livestock feeds, and …
July 1, 2011
Animal Well-Being
University)
The U.S. livestock industry is facing unprecedented … concerns
regarding how modern livestock production practices impact … complete information to livestock producers regarding consumer …