KANSAS CITY, Mo. (RFD-TV) — With recent volatility in the cattle market, producers across the country are taking a closer look at their risk-management options. Many are turning to Livestock Risk Protection (LRP) as a tool to help shield their operations from sudden price swings. Jake Charleston with Specialty Risk Insurance joined us on Tuesday’s Market Day Report to break down how LRP fits into today’s market conditions and what livestock producers should keep in mind moving forward.
In his interview with RFD-TV News, Charleston explained that the recent drop in cattle prices is a clear example of when LRP can provide major benefits, noting that the program allows producers to lock in a floor price while still leaving room to capitalize on any market gains. He said those who were already enrolled likely saw meaningful protection during the downturn.
For those who have not signed up, Charleston emphasized that it is not too late. LRP can be purchased year-round, and amid continued market uncertainty, he encouraged producers to consider coverage options that align with their marketing plans and risk tolerance. He also urged producers to stay aware of deadlines and review other insurance tools that may support their operations — from pasture and forage coverage to policies designed specifically for livestock operations. He noted that having a full understanding of available programs is key to building a strong risk-management strategy.
President Trump is expected to press Argentina to take a tougher stance on China in exchange for political and economic support.
October 14, 2025 11:12 AM
·
Tammi Arender takes us to 3 Board Farm to meet some first-generation farmers who took a leap of faith and, in the process, found a new purpose.
October 13, 2025 02:11 PM
·
Nick Andersen, Nationwide’s VP of Agribusiness Claims, shares tips for managing weather-related risks in agriculture using their new Hail and Wind Alert Program.
October 13, 2025 01:57 PM
·
“Good flies? Is that like a good fire ant?” Miller said. “I don’t know what a good fly is. I don’t know if they’re afraid to kill house flies or stable flies, but I’m ready to kill the screwworm fly.”
October 13, 2025 01:28 PM
·
Tidal Grow Agri-Science joins us to celebrate Global Fertilizer Day, sharing how innovation continues to drive American agriculture forward.
October 13, 2025 12:20 PM
·
The American Farm Bureau Federation (AFBF) is urging Congress and the Trump Administration to act quickly on behalf of American agriculture.
October 13, 2025 11:42 AM
·
Better yield measurement means fairer grids, more precise breeding targets, and more dollars for truly efficient cattle.
October 13, 2025 10:45 AM
·
Cade Fiske’s approach embodies the spirit of the FFA — blending education, leadership, and innovation to inspire the future of agriculture.
October 09, 2025 04:47 PM
·
Farm CPA Paul Neiffer shares his perspective on the uncertain outlook of federal farm relief and the Farm Bill, which may not materialize until the government shutdown ends.
October 09, 2025 01:29 PM
·