CARTHAGE, Mo. (RFD-TV) — Farms across the country face numerous challenges, from weather to market volatility. Many producers are turning to risk management for guidance on these and other matters. Jake Charleston with Specialty Risk Insurance joined us on Tuesday’s Market Day Report to share insights for producers heading into the new year.
In his interview with RFD-TV News, Charleston discussed a recent Cattle Fax event hosted by Specialty Risk Insurance, highlighting how it provided local cattle producers with valuable market outlooks for the year ahead. He explained that such events are essential for keeping producers informed and helping them make better risk-management decisions.
Charleston also offered final guidance for producers as the year comes to a close, encouraging thoughtful planning and careful consideration of market risks.
Livestock profits are propping up overall sentiment, but crop producers remain cautious amid tight margins and uncertain policy signals.
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RFD-TV’s farm legal expert, Roger McEowen, digs into the details of both the LRP and the LGM programs, two essential risk management tools for cattle producers.
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According to the new report, seven out of ten rural bankers support President Trump’s recent trade steps with China, expressing cautious optimism about future export potential.
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