Ranchers take risks every day, with their livelihood subject to weather, disease, and markets. On Thursday, March 7, Wendy Becker will speak about the new, more rancher friendly, Livestock Risk Protection insurance policy that is designed to insure against declining market prices.
The federally subsidized program which is available through crop insurance agents, has evolved to be more rancher friendly. Becker said it has changed quite a bit from when it was first presented. “There are new guidelines worth taking a second look at to see if it works for livestock operators,” she stated.
There are different coverage levels and different classes of species to protect against a decline in livestock prices. Learn more about the program, eligibility, coverage, and restrictions that are making this program an opportunity to protect against risk factors for ranchers.
Becker is the MSU Extension agent located in Roosevelt County. She received her degrees from Northwest College, Montana State University and North Dakota State University in animal and range science. She has worked as an extension agent for the last 19 years in both the county and reservation settings. Her extension program focuses on agriculture, natural resources, 4-H and youth development, and community development. She also farms and ranches with her husband and three sons.
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