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Volatile prices spark increased interest in Livestock Risk Protection

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A crop insurance agent says volatile futures prices for hogs and cattle have more producers looking into Livestock Risk Protection.

Jon Strohl with Farm Credit Illinois tells Brownfield recent shifts in the market have more producers interested in protecting their bottom line from uncontrollable factors.

“Here this last week with the uptick in the futures on the fat cattle side, guys are taking advantage of those, especially for next April. The prices that are out there kind of equate to $8 corn- if it doesn’t hit that, this is in place to protect them.

Volatile prices spark increased interest in Livestock Risk Protection

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