Dick Coon is a rancher in Eastern Washington who has used LRP insurance for nearly a decade to reduce the significant financial risks of ranching in pretty tough country. And because the Northwest cattle markets tend to be lower than the rest of the country, LRP has added attraction. In this episode, Dick describes why and how he has used LRP and Pasture, Range, and Forage insurance products in his family-run commercial cattle operation. For more on the fundamentals and mechanics of LRP, listen to episode 97: "Livestock Risk Protection insurance, with Jack Field & Clay Worden"
AoR 102: Livestock Risk Protection in Practice, with Dick Coon
Mentioned Resources
USDA Risk Management Association website for Livestock Risk Protection insurance
Regional LRP dealers (and participants in this project) include CKP insurance, WSR Insurance, and Northwest Farm Credit Services.
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