Livestock Risk Partners

“Don’t get sleepy in your risk management, if you have opportunity to cover a profit, take it!”———–Jim Mintert, Purdue University
Providing quality LRP, PRF & LGM Insurance Coverage!

National Beef Strategy sees great progress in latest status update

The Canadian beef industry is taking a look at what it’s done and how it can move forward as a status update on its 2020-2024 National Beef Strategy. The status update covers the last two years of the strategy, covering June 2022 through June 2024. Chair of the Canadian Beef Advisors Craig Lehr talks about some of the accomplishments they’ve gone through over the past couple of years. “With the recent status update, it’s a great overview of the progress we’ve been making in the industry on achieving our goals. I guess some of the highlights would be the progress in the markets, and the great increase in demand for Canadian beef. A lot of that’s due to the Trans Pacific Partnership agreement.” “On the environmental side, moving along with Bovaer 3NLP products with the approvals being made for that through the CFIA as a feed additive to help eliminate and decrease greenhouse gas emissions, methane reduction. As well as I believe we’re at a 15% reduction in beef-related emissions in t