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Home » Authors » Jimbo Mercer
Jimbo Mercer

Jimbo Mercer


 

Director of Communications / Compass Ag Solutions
Email Jimbo Mercer
Articles

ARTICLES

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Calf prices today for summer 2025

Livestock Risk Protection can secure you a minimum price for your 2025 calf crop today and you can still sell higher if the market should end up that way when your calves are ready for sale.
August 8, 2024
Jimbo Mercer

Imagine this: You get a call today from your video sale rep, and they say, “We can offer you $275.93 per hundredweight (steers and heifers) for your 2025 calf crop.”


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Capturing the market high

Even when you think you know what the market will do, you never really know. Using a price floor allows you to set a minimum price for your cattle, not a final price. Therefore, you can still capitalize on any market rises that come.
January 10, 2024
Troy Clevenger, Jimbo Mercer, and Ty Wilson

So many of us were still waiting, hoping and assuming that the turn of summer into fall would bring the only thing we could practically fathom: higher market prices for beef cattle.


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What is Livestock Risk Protection?

Livestock Risk Protection is an insurance product designed to protect against a decline in beef prices. While LRP has been around for a while, some things have changed, and those changes are proving advantageous for beef producers.
August 29, 2022
Jimbo Mercer

Fewer than 80,000 head of feeder cattle were price protected in the year before the 2020 overhaul of the Livestock Risk Protection (LRP) program. This year, on an annualized basis, approximately 4.5 million head of feeder cattle LRP will be purchased.



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