A payout-less risk management strategy, like LRP or CME options, offers peace of mind, financial stability and long-term resilience for ranchers, even when premiums aren’t paid out.

The cattle market is an uncontrollable, untethered animal. At times, it appears like a siren on the horizon – beckoning with the promise of fortune and prosperity – only to financially shipwreck cattle producers weeks or months before the calves ever sell.

Whether they’re man-made or natural disasters, emergencies such as tornados, hurricanes, wildfires, floods, severe winter storms, severe dust storms, etc., may put people, property and animals at risk.

From COVID-19 to governmental policy changes to H5N1 avian influenza (bird flu) outbreaks, the unpredictable is coming at us at a faster and faster pace. When making your contingency and continuity plans, here are some of the key areas of preparedness you should consider.

When a dry spell arrives, producers scramble to make the best decisions for grazing pastures, buying hay and caring for livestock. Running stockers as a drought safety valve could be a smart idea.