EC04-833 Hedging and Basis Considerations for Swine Livestock Risk Protection Insurance

Authors

Darrell R. Mark, University of Nebraska at LincolnFollow

Date of this Version

2004

Document Type

Article

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) Insurance for swine is a price-risk management tool initially offered in July 2002 to Iowa swine producers. It was expanded to Nebraska, Indiana, Illinois, Kansas, Minnesota, Nevada, Oklahoma, Texas, Utah, and Wyoming in November 2003.

This 2004 extension circular examines historical LRP basis and demonstrates its use in hedging with LRP.