USA - MU Extension Offers Upcoming Program on Livestock Risk Protection

17.01.2017 226 views
University of Missouri Extension offers livestock producers an opportunity to learn about price risk protection to manage some of the market uncertainty, states Darla Campbell, University of Missouri Extension Agricultural Business Specialist.  Crop insurance is widely used, while Livestock Risk Protection, the livestock equivalent, is underutilized.  As profit margins narrow for livestock producers in this downward price cycle, all options should be considered to minimize the effects of market volatility, which often adversely affects your bottom line, says Campbell.  Besides livestock risk protection, we will also discuss pasture, rangeland, and forage insurance.  The presenter will be Ryan Milhollin, Economist, Department of Agriculture and Applied Economics, University of Missouri.  He has authored several documents used statewide on this topic. Extension encourages livestock owners with herds of all sizes, 4-H and FFA members, and educators to attend. There is no cost for the event, but organizers request that you sign up by noon on the 24th to insure adequate supplies are available. A minimum of 15 participants is required to guarantee the class, so please call the Scotland County Extension office at 660.465.7255 and give Carol or Kristy your name and phone number.  The class will be held in Memphis at the Scotland County Hospital Conference Room from 6-8 on Wednesday, January 25th. Source - http://www.memphisdemocrat.com
09.09.2025

USA - Taylor County farmer arrested for crop insurance fraud

A man in Taylor County, KY, has been sentenced to 12 months and 1 day in federal prison for crop insurance fraud. Between 2014 and 2021, Hunt sold crops under the names of other people and significantly underreported his true production on crop insurance claim forms, resulting in over $1.6 million in fraudulent insurance overpayments.

09.09.2025

India - The changes aim to ensure that farmers are not denied crop insurance benefits due to the default of state governments

Union Agriculture Minister Shivraj Singh Chouhan has announced crucial modifications to the Pradhan Mantri Fasal Bima Yojana (PMFBY), citing the Centre's experience with the previous Jagan Reddy government in Andhra Pradesh. The changes aim to ensure that farmers are not denied crop insurance benefits due to the default of state governments.

13.08.2025

New area-yield index insurance helps farmers tackle climate risks

Land Bank Insurance Company has expanded its pilot “index insurance” product with the introduction of Area-Yield Index Insurance (AYII), designed to help farmers manage financial losses caused by large-scale climatic and environmental risks.

13.08.2025

Lithuania declares nationwide emergency over summer rainfall damage

Lithuania’s government on Wednesday declared a nationwide emergency after weeks of heavy summer rains caused widespread crop losses, following a proposal from the National Crisis Management Centre and the Agriculture Ministry.  

13.08.2025

Australia develops world-first biodegradable foot and mouth disease vaccine

The world’s first biodegradable vaccine for foot and mouth disease (FMD) has been developed in Australia, a country that remains free from the dreaded livestock

13.08.2025

USA - Researchers make breakthrough discovery that could transform agriculture: 'This research is important'

Scientists at Iowa State University have determined that co-locating solar panels and certain plants may be beneficial for crop production.  

13.08.2025

Fiji - Agriculture ministry tackles food waste

The Ministry of Agriculture is exploring an innovative new approach to reduce food waste by converting post-harvest losses and kitchen scraps into valuable resources like livestock feed and soil enhancers.  

13.08.2025

USA - Continuing drought affecting Vermont farmers, especially livestock farms

As dry conditions continue to spread across Vermont, one industry that is feeling the heat is the farms.