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Open in new window Livestock Marketing and Insurance Tactics

Matthew Diersen ( March, 2013 )

Summary

Livestock producers have multiple tools available to manage price risk. Insurance tools such as Livestock Risk Protection (LRP) and Livestock Gross Margin (LGM) complement traditional marketing tools such as cash sales, forward contracts, futures contracts and options contracts. The challenge is to pick the right product at the right time at the right price. This decision aid leads you through choices to a specific tool or small set of tools that would help manage the risk in a cost-effective way.


Details

Organization South Dakota State University Extension
Publisher South Dakota State University
Publication Date March, 2013
Publication Views 1237
Material Type Written Material

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