Livestock Risk Protection
Blue Reef Agri-Marketing was founded with a passion for agriculture and a genuine goal of making a difference. With an industry focused on general risk management recommendations rather than strictly focused on the producer themselves, Blue Reef Agri-Marketing makes that personal, one-on-one connection with producers, focusing on each operation’s specific risk management needs. As markets change, plans change - and change can be difficult for producers. Our team is dedicated to researching the market specific to your needs and adapting your marketing plan as needed.
We strive to build our team around a diverse skill-set. This way, each and every member of our team has something special to offer to your operation. We take a deep understanding of both technical and fundamental market factors and combine those factors to create your custom-tailored marketing plan. Blue Reef Agri-Marketing currently utilizes consulting vets, nutritionist and other professionals to assist in managing the feed yard.
Blue Reef Agri-Marketing offers hands-on advice to help producers thrive in today’s competitive business environment. We know this business and we strive to understand the specific needs of each unique operation, large or small.
FED CATTLE
- LRP- Fed Cattle is a federally reinsured livestock product that provides single peril risk protection against the decline in fed cattle prices over the insurance period. Producers may select from a variety of coverage levels and insurance periods to match the time the fed cattle would normally be marketed. - -
- Insurance may be purchased throughout the years. At the end of the endorsement period, if the actual ending value is below the coverage price, an indemnity will be paid for the difference. Producer pays premium at the end of the endorsement period.
- Producers can insure up to 6,000 head per Specific Coverage Endorsement with a limit of 12,000 head per crop year.
Steers and heifers will be expected to:
- Grade select or higher
- Yield grade of one to three
- Weight 10 to 14 cwt (live weight)
FEEDER CATTLE
- LRP – Feeder Cattle is a federally reinsured livestock product that provides protection when the national cash price index, as reported by the Chicago Mercantile Exchange (CME), falls below the insured’s price coverage.
- Insurance may be purchased throughout the years. At the end of the endorsement period, if the actual ending value is below the coverage price, an indemnity will be paid for the difference. Producer pays premium at the end of the endorsement period.
- Producers can insure up to 6,000 head per Specific Coverage Endorsement with a limit of 12,000 head per crop year.
Available weight levels include:
Less than 6 cwt:
Steers
Bulls
Heifers
Predominantly Brahman
Predominantly Dairy
Between 6 – 9 cwt:
Steers
Heifers
Predominately Brahman
Predominately Dairy
Rainfall Index
- Pasture, Rangeland, and Forage is a federally reinsured product that provides protection against a single peril – lack of precipitation.
- PRF may cover all or a portion of the insured’s acreage, providing flexibility when deciding how to cover their specific risk.
- Plan uses long-term, historical, gridded precipitation data for a grid ID and index interval.
- The program is an area insurance plan and does not measure, capture, or use any actual crop production. The producer’s amount of production is not considered, and no on-the-ground inspection of crop condition is conducted to determine the eligibility for an indemnity payment.
Contact Us
Do you have any questions, concerns, or would like more information about our services? Please feel free to contact by email, or phone.
Blue Reef Agri Marketing Inc. is a CFTC registered Introducing Broker and NFA member. The trading of derivatives such as futures and options involves substantial risk of loss and you should fully understand those risks prior to trading.