Weather Volatility and Declining Prices Highlight the Growing Need for Livestock Risk Protection

Brooks York with AgriSompo joined us to break down livestock protection coverage, market timing, and how producers can access risk management tools.

CARMI, Ill. (RFD NEWS) — Livestock often takes a back seat to row crops when it comes to insurance coverage discussions, but recent consolidation in the sector is prompting renewed attention on risk management tools for producers.

Brooks York with AgriSompo joined us on Tuesday’s Market Day Report to discuss Livestock Risk Protection (LRP) options and how producers can better understand available coverage in today’s market.

In his interview with RFD News, York explained the basics of how LRP works and how it is designed to help producers manage risk in an evolving industry. He also addressed whether this type of coverage is limited to larger operations or accessible to a wider range of producers.

York further discussed current livestock market conditions, noting sustained strong prices across much of the sector, and explained when the sales season typically begins. He also outlined how producers can learn more about available livestock protection options and connect with providers.

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Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

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