EC04-835 Hedging and Basis Considerations For Feeder Cattle Livestock Risk Protection Insurance

Authors

Darrell R. Mark, University of Nebraska at LincolnFollow

Date of this Version

2004

Comments

© 2004, The Board of Regents of the University of Nebraska on behalf of the University of Nebraska–Lincoln Extension. All rights reserved.

Abstract

Livestock Risk Protection (LRP) insurnace for feeder cattle is a price-risk management tool initially offered in June 2003 to feeder cattle producers in Nebraska, Colorado, Illinois, Iowa, Kansas, Nevada, Oklahoma, South Dakota, Texas, Utah, and Wyoming.

This extension circular examines historical LRP basia dn demonstrates its use in hedging with LRP.