Western Livestock Price Insurance Program Deadline Approaching

May 16, 2018

Cattlemen have been seeing the benefits of reducing some of the price risk of raising cattle.

Jodie Griffin is a coordinator with the Western Livestock Price Insurance Program (WLPIP).

She says ranchers have had some trying times with a long, cold winter followed by a tough spring during the calving season.

"The price insurance program is here to help you with one more part of risk that it takes to operate in your business. We can't manage the weather and we can't manage the markets. Here's something that you can do to mitigate yourself against potential, unforeseen circumstances that could lay ahead as we go into the fall of 2018."

The calf program is designed to protect producers from three areas of risk, including price, currency and basis risk.

Calf price insurance is available until the end of May and can be purchased every Tuesday, Wednesday and Thursday.

Source : Steinbachonline

Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.