NEWS

USDA’s Livestock Risk Protection(LRP) Deserves a Second Look

USDA’s insurance products have proven successful for crop farmers. Often providing a lifeline after natural disasters. Yet, for all its successes there has never been a widely used product to help cattle producers manage price risk. That could be changing due to recent improvements to Livestock Risk Protection (LRP) plan of insurance.  USDA has recently made some changes that will improve LRP and make it a better program.

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Improvements Livestock Risk Protection (LRP)-Cattle

USDA announced changes regarding further improvements to their Livestock Risk Protection (LRP) plan of insurance. The two changes include: Reducing the premium around 5%  Allow premiums to be paid after the coverage ends, rather than upfront  The changes approved are...

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Western Priorities in the 2018 Farm Bill

The Western United States accounts for just over half of the cropland acres and almost 90 percent of the pastureland acres in the United States. In terms of livestock, almost half of the dairy cows, 60 percent of beef cows, and more than 75 percent of cattle on feed...

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Consider Livestock Risk Protection in today’s market.

Recent market volatility due to COVID-19, commonly called Coronavirus, is causing cow-calf producers concern. Many market experts are optimistic market fundamentals coupled with recent trade deals will result in stronger prices this fall. However, with current export markets such as South Korea now impacted by COVID-19 and potential export markets such as China, futures prices have fallen.

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Here is What You Should Know about PRF

You have probably heard about USDA’s Pasture, Rangeland, and Forage Insurance (PRF). You may wonder if it’s something you should utilize. From 2013-2017, I oversaw USDA’s insurance programs for the U.S. Secretary of Agriculture. Overseeing a program provides a different perspective, you see its strengths and weaknesses.

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Advice for my dad if he were a dairy farmer

I GREW up on a sheep ranch you don’t incorporate Dairy-RP into in Utah before leaving to work in your business plan, odds are you Washington, D.C., where I oversaw may regret it. Margins are too tight many of USDA’s farm programs. and markets are too volatile to man-...

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Rangeland Insurance Proves Value During 2017 Montana Drought

The improved Pasture, Rangeland and Forage (PRF) program has proven to be an effective risk management tool for ranchers during this year’s drought. Analysis shows that in 2017, in drought-stricken parts of Montana, for every $1 spent on premium, $5 was paid in...

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Oklahoma Farm Report Article

The Oklahoma Farm Report and Farm Policy Facts wrote about our recent study that exposes Heritage Foundation's misleading narrative about farm policy. You can read the Oklahoma Farm Report article below. To read the full study, click here. To read the seven key points...

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How PRF Has Worked In Montana

Montana ranchers are reminded that the annual sign up for the 2018 Pasture, Rangeland and Forage (PRF) program ends November 15th. The improved PRF is the first federal crop insurance program allowing ranchers to manage their risks during short-term drought. PRF is...

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Listen To Agri-Talk’s Interview With Brandon Willis

Listen as Brandon discusses several topics ranging from farm policy to crop insurance on the Agri-Talk radio show. AgriTalk is a radio program for rural America, providing information that connects producers with consumers and currently airs on 70 stations throughout...

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Improving Cash Flow During Short-Term Drought

Calf prices and precipitation are two key factors impacting the profitability of ranchers in the West. The improved Pasture, Rangeland and Forage (PRF) crop insurance program is a relatively new program designed to address the reduced cash flow when snow or rainfall...

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How PRF Has Worked In Utah

Utah ranchers are reminded that the annual sign up for the 2018 Pasture, Rangeland and Forage (PRF) program ends November 15th. The improved PRF is the first federal crop insurance program allowing ranchers to manage their risks during short-term drought. PRF is...

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How PRF Has Worked In Nevada

Nevada ranchers are reminded that the annual sign up for the 2018 Pasture, Rangeland and Forage (PRF) program ends November 15th. The improved PRF is the first federal crop insurance program allowing ranchers to manage their risks during short-term drought. PRF is...

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How PRF Has Worked In Wyoming

Wyoming ranchers are reminded that the annual sign up for the 2018 Pasture, Rangeland and Forage (PRF) program ends November 15th. The improved PRF is the first federal crop insurance program allowing ranchers to manage their risks during short-term drought. PRF is...

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How PRF Has Worked In Idaho

Idaho ranchers are reminded that the annual sign up for the 2018 Pasture, Rangeland and Forage (PRF) program ends November 15th. The improved PRF is the first federal crop insurance program allowing ranchers to manage their risks during short-term drought. PRF is...

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Crop Insurance for Today’s Rancher

Northern Ag Network

Radio Interview

Brandon Willis

CONTACT

Ranchers Insurance LLC
brandon@ranchersinsurance.com
bret@ranchersinsurance.com
wyatt@usdainsurance.com
erroldrice@outlook.com
(435) 213-0463
Laketown, UT

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