Updates to livestock insurance options offer better protection for producers

Feed costs continue to rise at a time when livestock and dairy markets are facing increased volatility.

Richard Flournoy Deputy Administrator for the USDA’s Risk Management Agency says programs like Dairy Revenue Protection, Livestock Gross Margin, and Livestock Risk Protection help producers mitigate risk. “The margin programs are going to help cover the difference between the price received and feed costs,” he says.  “If that’s something that is a concern, that would be a good too. 

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