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Managing a Family Budget
(2008-09-16)
Without budgeting, family living expenses may exceed the available income and jeopardize the overall financial goals of the farm and family. This publication offers information on developing a family budget and provides ...
Hedging Cattle with an LRP Policy
(2008-12-05)
Livestock Risk Protection policies offer price risk insurance to cattle producers. Hedging with an LRP policy is one way to secure an acceptable price now for a commodity that will be produced or marketed some time in the future.
Crop Revenue Coverage (CRC)
(2008-10-17)
Crop Revenue Coverage guarantees a stated amount of revenue based on commodity futures prices. This publication explains how CRC works and gives examples based on harvest price scenarios.
Selecting and Working with a Broker
(2008-10-17)
Producers who wish to trade futures or options contracts will need to work with a broker. These tips can help in selecting a broker and in forging a good working relationship.
Crop Insurance Terms and Definitions
(2008-10-17)
This publication is a glossary of terms used by the crop insurance industry. There are definitions for terms used in crop insurance documents and for terms pertaining to coverage levels, farming, reports, units and parties ...
Livestock Risk Protection-Lamb: New Insurance Program to Help Ranchers Manage Lamb Price Risk
(2008-10-07)
USDA is offering a new insurance program to help livestock producers manage lamb price risk. This publication explains requirements of the program and the way it works.
Using a Bull Call Spread
(2008-10-07)
The Bull Call Spread can be used to hedge against or to benefit from a rising market. The user buys a call option at a particular strike price and sells a call option at a higher strike price. Margin requirements, advantages ...
Using a Bear Put Spread
(2008-10-07)
The Bear Put Spread is an option spread that combines buying and selling put options of the same contract month. This publication discusses the advantages and disadvantages of this marketing tool.
Basic Business Structures: Sole Proprietor, Joint Operating Agreements and Partnerships
(2008-10-08)
This publication explains various ways farm and ranch businesses can be structured, including sole proprietorship, joint operations, and general and limited partnerships.
Obtaining and Using USDA Market and Production Reports
(2008-10-07)
Producers who have superior information hold a distinct marketing advantage over those who do not. This publication lists various sources of marketing and production information and where to obtain them.