Consider price insurance for your 2022 calf crop.

In Nebraska, we typically see a positive basis between local feeder cattle prices and the CME Feeder Cattle contract price. Several enhancements and improvements to the Livestock Risk Protection (LRP) insurance program over the last couple of years have made it much more user-friendly for cow-calf producers to purchase price protection for the fall calf crop earlier in the year. [Extracted from the article]