The Risk Management Agency (RMA) has issued Actuarial Release 25-047 impacting the 2026 Reinsurance Year. Effective with the 11/30 filing, the ADM Guarantee Adjustment and Option Rate has been reissued to remove the PF (PP + 5%) option for spring crops. This means: The PF option is no longer available to add for 2026 policies….

The Supplemental Disaster Relief Program (SDRP) stage 2 The enrollment period opens Nov 24th and closes April 30, 2026. Stage 2 will encompass shallow losses and quality losses that were not paid under MPCI for 2023 and 2024 calendar years. I have attached a fact sheet addressing questions on the Stage 2, click here.  …

In my opinion, normality is beginning to return to the cattle industry.  The abnormal halting of cattle from Mexico, and the abnormal placement of tariffs, for reasons not associated with beef, are subsiding.  With only the border left at question, cattle feeders will have to start looking for margins upon placements with no more ability…

  I have attached trigger charts to reference possible losses on corn and soybeans.  With the fall price being lower than the spring price, you may grow more bushels than your guarantee on your schedule of insurance.  With Sunflowers being higher than the spring price, you will have to trigger a production loss based on…

In my opinion, another week of Wow’s.  Limit down one day and limit up the next, with no more credible news than last week. With the severity of the break lower, there are now some similarities that can be drawn between the 2014 & 2015 top and at present.  In 2014, it was estimated that…

In my opinion, Wow!  What a week to be in the cattle industry.  Good, bad, or ugly, this will be a commodity run for the history books when it comes to a US produced agricultural product. Cattle feeders out did themselves all week long fighting over pen space as spreads between starting feeder and finished…

In my opinion, Friday’s trading action, upon the President’s comments, gave good insight into the division between cattle producers and everyone else.  Although a weak start, when the President spoke, they sold off sharply, as did energy and equity prices. Bonds moved higher as well, with all suggesting to anticipate more recessionary factors going forward…

In my opinion, the bull market has ground to a halt.  Only cattle producers continue to operate at the elevated price levels. Retail grocers, restaurants and consumers are showing reserve in spending, reflected by the box beef price. The inability to push the higher price of cattle onto the consumer, in the form of beef,…

With the government shut down, we wanted to provide you with a brief summary of the status of USDA payments until doors reopen: (1) the additional 14 percent payment under ECAP is out the door so this is *not​* affected; (2) crop insurance is not impacted; (3) ARC/PLC is affected and will not be paid…