Upcoming LRP Changes
Livestock Risk Protection (LRP) continues to be a hot topic among the cattle industry, gaining much deserved attention from producers across the nation. LRP is an easy way to insure yourself from an overall market decline. With the increased volatility and high prices, we are seeing in today’s market it proves to not only be […]
Important Reminders
2024 planting started off strong and then slowed up for most of Missouri as rains came nearly every other day. Many farmers are done or nearing the end. As we move into forward below are some reminders. Call our office before you replant. If you suspect you need to replant for any reason, give […]
Precision Data Leads to Better Accuracy
The use of precision technology and data in agriculture has been steadily growing for the past decade or so. The amount of data that can be collected seems endless. Many of us ask ourselves, now that I have this data what can I do with it? How can I utilize it to make my […]
Cost of Flies
Kylie Sherrill, Livestock Technical Services Entomologist for Central Life Sciences Filth flies can quickly impact cattle operations when left unchecked. From nuisance complaints from neighbors at feed yards to disease concerns in pastured cattle to lost milk production, there is not an aspect of the cattle industry that is left untouched by flies. For […]
Understanding Beef Marketing
From my experience, marketing cattle in the futures market and consistently making money is one of the hardest things to do. I have always had more success trading corn and soybeans rather than livestock. Why is that? Most of the time there is ample information about the grain commodity market to make an […]
What Will the Remainder of 2024 Look Like?
The spring of 2024 has given ample planting opportunities over a great part of the Midwest. The Northern parts have seen more moisture causing a few planting challenges; however, overall planting has moved forward at a good pace. The old saying that rain makes grain may hold true this year. Nearly all the […]
New for 2024
With a new year often comes new goals and a renewed sense of excitement; 2024 is no different! As always, Gibson Insurance Group is looking for ways to better serve your needs and help improve your operations. In 2024 you will see a few new faces around our office and the ability to offer […]
Marbles and the Cattle Market
If you read online you might have heard some rumbling about how Livestock Risk Protection (LRP) has affected the futures market. There may be some truth to this, but it is not nearly to the extent that it can be played up to be. This reminds me of a story where two older […]
Is Carbon the New Commodity?
Farming is a unique business in which we buy all our inputs at retail and market our production at wholesale. Unlike most of the other business world, we as farmers have not differentiated our products by adding value. Instead, our industry has been content with selling a homogeneous product that cannot be distinguished from […]
New Double Croppings Procedures for 2024
In 2023, RMA updated the double crop written agreement guidelines allowing most producers coverage on their acres. Across the nation we saw a large increase in the amount of double crop soybeans and grain sorghum being insured. Many farmers also saw significant drought conditions showing the dramatic need for crop insurance in such times. RMA […]