Join us to get the current state of affairs and outlook for the cattle industry in the United States from industry expert Don Close. You’ll get an overview of current market conditions, and signals for the remainder of 2024 and 2025.
Crop Insurance Agent Michael Redmond will also give an overview of Pasture, Rangeland, Forage (PRF) and Livestock Risk Protection (LRP) federal crop insurance. PRF is utilized by grazers and forage operations to manage risk and offset revenue losses during periods of low precipitation. Michael will summarize how the policy works, including the Rainfall Index, coverage levels, and productivity factors. He will also outline LRP coverage levels and pricing and how the policy can help producers protect against national marketplace volatility.
Speaker: Don Close, Terrain
Don Close is Terrain’s Chief Research & Analytics Officer. Don’s prior experience includes his work as a senior animal protein analyst at Rabobank, and as a market director for the Texas Cattle Feeders Association, where he worked on all economic and market-sensitive policy issues for cattle feeders in Texas, Oklahoma and New Mexico.
Michael Redmond, American AgCredit
Michael Redmond has five years of crop insurance experience with American AgCredit. He currently works with farmers and ranchers throughout Colorado and Nevada. Michael has an extensive background of over 20 years of insurance sales experience, and he understands the importance of risk management in all facets of agriculture