risk management

There aren’t many businesses riskier than farming.  The CME Group says they are always looking for ways to help producers manage that risk and lower uncertainty.  John Ricci, the global head of agricultural products with the CME Group, said they have several exciting initiatives underway.   “We’ve...

It doesn’t take much movement in the milk markets to shake up the dairy economy.  Sarah Dorland, dairy economist with Seattle-based Ceres Dairy Risk Management, said a slight shift in the supply of dairy can move the markets in one direction or the other.   "...

VANE, a leading provider of specialty agricultural insurance, is expanding its agricultural risk management portfolio to offer insurance coverage for agricultural financing and lending institutions.   “We focus on providing products to the agribusiness community that provides products and services to farmers," said Don Preusser, founder and president of VANE.  "So, if ...

It's a partnership to educate underserved small scale and organic producers on the importance of risk management and climate smart farm practices.   “It is vitally important that the USDA Risk Management Agency partners with organizations across the country that can connect producers with crop insurance, education and farm risk management training.”   ...

Senate Ag members repeatedly stressed the importance of crop insurance and the need to restructure commodity programs in the 2023 Farm Bill during the panel’s latest hearing.   “Crop insurance is the number one risk management tool for producers, but historically, hasn’t been available to some farmers who are most in need of it," said Senate Ag Chair Debbie Stabenow.  "I’m going to conti

Dairy farmers are not looking to expand much right now, given the current market conditions.   “Obviously, feed costs and overall input costs and you can throw labor in there and the whole kit and caboodle," said Mike North with the Ag Risk Management Company Ever.Ag.  "That ulti...

“Sign up For ACR PLC sign up for the 2023 crops started on October 17th it runs through March 15th."  And USDA FSA Deputy Administrator Scott Marlow said with various events over the last two years Agriculture Risk coverage and price loss coverage provide needed risk management options.   “We ju...

Dairy producers can now enroll for 2023 coverage through the Dairy Margin Coverage Program.  The program helps dairy farmers manage changes in milk and feed prices.  Enrollment for the program began Monday and runs through December 7th.   Last ...

On Monday August 22nd, USDA rolled out the new Organic Transition Initiative, intended to make it easier to move from conventional farming to organic.  Ag Secretary Tom Vilsack said the department’s hope was to make the transition process easier and more profitable.   “Three...

The National Milk Producers Federation commended farmers from its member cooperatives who are speaking up for dairy’s needs during farm bill listening sessions held by members of Congress. “From sustainability and trade to providing an adequate safety net to producers of all sizes, dairy farmer voices are critical to crafting federal farm programs that serve the entire nation,” says Jim Mulhern, p