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!

IT’S BASIC BIOLOGY: BREEDING HEIFERS PRIOR TO COWS BUILDS REPRODUCTIVE MOMENTUM

Heifers take longer to start cycling after having their first calf than mature cows do. This means that if heifers are bred to calve at the same time as the main cow herd they are already behind coming into their second breeding season.   “It’s just basic biological math,” says Dr. John Campbell, veterinarian, and

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Poultry, pork product tariffs end under US-Japan trade agreement

According to a recent USDA GAIN report, the US-Japan Trade Agreement (USJTA) entered year five of agreement implementation on April 1, 2023, which means the elimination of tariffs on multiple products with staging categories where tariffs were reduced in four annual increments beginning on April 1 of Year 2 (April 1, 2020). Products where tariffs

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Illinois Bacon Day to celebrate pork, shed light on industry challenges

On Wednesday, the Illinois Pork Producers Association will be at the Illinois State Capitol to celebrate the commemoration of Senate Join Resolution 22 sponsored by Senator Tom Bennett (R-53). The resolution designates May 3 as “Illinois Bacon Day.” “Our Illinois pig farmers need to be commended for the safe and nutritious pork that they work

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Minnesota state, city officials support HyLife in securing a new buyer

The Minnesota Department of Agriculture hosted a meeting this week to discuss possible options for the HyLife Foods Windom, LLC pork production plant. Earlier this month, the company notified state officials the plant will permanently close in June if a new buyer is not found. Headquartered in La Broquerie, Manitoba, the company announced in May

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Will Pork Demand in 2023 Overcome Inflation’s Impact on Consumption?

Weak economic growth is taking its toll on global pork consumption. According to the latest Rabobank quarterly pork report, despite early signs that the worst of the inflationary impact may have already passed, the lagged impact on consumption is likely to be felt throughout 2023.  Pork remains well-positioned, as demand for the protein is historically

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