Extension hosting livestock risk management workshop

The University of Nebraska-Lincoln's Center for Agricultural Profitability and Nebraska Extension will host a risk management workshop in North Platte to update livestock producers on the latest insurance options and risk management planning strategies. It will be held from 6:30 to 8:30 p.m., Tuesday, at the West Central Research, Extension and Education Center, 402 W. State Farm Road.

Attendees will learn strategies designed to reduce risk exposure to achieve a profitable outcome in uncertain times. Current issues facing the cattle industry will be discussed to help producers to make more informed decisions. The goal of this program is to provide producers with the tools and resources needed to navigate the volatile livestock market and better manage risk through the creation of a risk management plan.

Topics will include managing drought risk with USDA's Pasture, Rangeland and Forage Insurance and managing price risk with USDA's Livestock Risk Protection. PRF is an annual sign-up due on Dec. 1. LRP can be purchased most business days. The Weaned Calf Risk Protection Program, new this year, will also be discussed.

The workshop is free, and snacks will be provided. Registration is required by Monday by calling Nebraska Extension in Lincoln County at 308532-2683.