PUBLICATION W1097C

Price Risk Management Sustainability: Producer Group Synopsis

Publish Date: July 27 2022 |  Language: English

DOI: doi.org/10.7290/UTIAPub/W1097C

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Summary

Tennessee cattle producers shared that price risk tools such as futures, options, forward contracts, and livestock risk protection can help, but many avoid them because of cost, complexity, fear of losses, and limited time to learn. Producer feedback suggests adoption could improve with better education, simpler tools, trusted advice, and more affordable options that fit real cattle operations.