#RightRisk #RiskInAg #AgRiskMgt

CLICK here to read more

MARKET PRICES for cattle and most other livestock are at or near record highs.

While this may seem like a relatively easy time to market your livestock, it remains important to seek out the best marketing alternative from the many that are available.

#RightRisk #RiskInAg #AgRiskMgt

CLICK here to read more

THOSE WHO ARE NEW to production agriculture or just getting started, may not have considered the many ways risk and uncertainty make their appearance in an operation.

Risk management encompasses a wide variety of topics and issues when applied to commercial agriculture. Any time a large portion of your income depends on factors outside your control, such as weather and market forces, the potential for success hinges on your ability to manage these and other risks. Agricultural producers frequently overlook the importance of strategic thinking and fail to formulate a comprehensive risk management strategy. This oversight leaves them vulnerable to the uncertainties associated with fluctuating prices, poor yields, and rising expenses.

#RightRisk #RiskInAg #AgRiskMgt

CLICK here to read more

FOR THOSE JUST STARTING OUT in production agriculture, dealing with the unexpected can be a big challenge.

Unexpected challenges come in all shapes and sizes: Machinery breaks down, weather doesn’t cooperate, livestock get sick, employees have issues and countless other unexpected events occur. Dealing with unexpected challenges or risks that may arise, in whatever form they take, can be much easier with a risk management plan in place.