Insights & Trends in Commodity Markets: Dairy & Livestock
Tracking prices, policy shifts, and market forces shaping the dairy and livestock sectors.
Latest Posts
In RY2026, LRP Feeder Cattle SCE introduced a “Drought Hardship Exemption”: if the drought substantially worsened during the LRP Feeder Cattle SCE coverage period, insureds were allowed to...
LRP Feeder Cattle SCE currently caps the target weight for unborn bulls and heifers at 600 pounds. This limit does not reflect modern production practices or biological growth potential. Research and...
All livestock policies have a provision similar to this one: We may cancel your policy if no premium is earned for 3 consecutive years...
“Adverse selection” is one of those big phrases that gets thrown around a lot when insurance is discussed. An extreme example I like to use is “buying home insurance only once you...
Last week, FCIC Board of Directors met in Washington, D.C. There were a number of livestock changes considered for RY2027. This article is the first in a series of blog posts that discuss the changes...
Over the last few weeks, we received a number of questions on eligibility for Cull Cows type. Presented cases fall into two categories: (1) dairy farmers selling older cows on a local auction, rather...
Dairy Revenue Protection uses Federal Milk Marketing Order pricing factors to calculate milk component prices. The rules for the conversions are included in the Basic Provisions and the Commodity...
An agent asked me recently: If a customer buys class III DRP endorsement, and then wants to sell cheese puts does the legal language apply to that as well in regards to waiting five days and also the...