Latest News From Risk Management

There may not be shootouts on Main Street anymore, but Wild West-type scandals are alive and well across the cattle industry. Here’s a look at the top 5 cases of theft, fraud and cattle ponzi schemes from this year.

How well prepared is your operation to manage risk? Here’s a list of the top 5 risks and ways to mitigate the challenges.

While many tools for managing risk exist for livestock producers today, livestock risk protection (LRP) might be an option for producers to consider no matter how large or small the operation.

Despite the positive sentiment, local community bankers report concerns about lower commodity prices, the ‘big bank mess’ and another potential rate hike in June by the Fed.

More than 50% of farmers intend to grow their operation, based on responses in Purdue’s February 2023 Ag Economy Barometer. If you’re thinking about scaling your farm, it’s important to first ask these questions.

“A commitment to additional financial resources for the farm bill will help to transition our farm and food supplies away from ad hoc support," the Committee members said in a letter.

A study released by Farm Bureau finds 86% of Americans are concerned about food insecurity, but their trust in farmers remains high at 89%.

If your spouse dies, look into filing Form 706 Federal Estate Tax Return with the IRS. Taking that step could help you protect farm assets so they pass to your heirs without estate taxes. The process isn't automatic.

If you want to disrupt a government, disrupt the food supply. "Ag is critical infrastructure," says Andrew Rose, strategic advisor. “Three weeks without food and agriculture, and it’s over.”

How well prepared is your operation to manage risk? Here’s a list of the top 5 risks and ways to mitigate the challenges.

FADs are a constant threat to the livestock industry. The country is more tuned in to this struggle than ever before with the recent COVID-19 pandemic. National Pork Board's Dave Pyburn and NCBA's Ethan Lane discuss why.

“Every time there is a downswing or times get hard, some people will revert to stealing. If things don’t start picking up, people will start picking things up.”

According to a recent Farm Journal Pulse, 20% of farmers don’t have insurance because it’s too expensive or for another reason. Another 24% have coverage but say it’s minimal or catastrophic only.

Sometimes, the slightest of differences between groups of feeder cattle can significantly affect their value when sold as fats. Understanding these subtle nuances can help you more effectively market your future calf crops.

Sometimes, the slightest of differences between groups of feeder cattle can significantly affect their value when sold as fats. Understanding these subtle nuances can help you more effectively market your future calf crops.

Stay on your toes this year, as business mind-set will be increasingly needed to maintain a profitable 2019. Take a lesson from these 10 articles of cattle fraud during 2018.

Another year draws to a close so it's time to do our annual talk about the cattle industry with Cattle Buyers Weekly's Steve Kay.