Crop, Livestock Insurance Course set Feb. 26 at Vernon A&M Center

A comprehensive course on federal crop and livestock insurance products will be presented 9 a.m. to 4 p.m. Feb. 26 at the Texas A&M University Research and Extension Center southwest of Vernon, Texas.

The program, “Incorporating Crop/Livestock Insurance into the Marketing Plan,” is an Advanced Topic Series presentation of the Master Marketer Educational System of the Texas Cooperative Extension.

Attendees will get an overview of current and new commodity insurance programs and products, as well as other products that may become available, said Stan Bevers, professor and Extension economist at the Vernon A&M Center.

The featured presenter will be Art Barnaby, professor of agricultural economics at Kansas State University, one of the country’s leading agricultural insurance experts. Barnaby helped to develop the federal Crop Revenue Coverage insurance program and has served as a consultant, adviser, and reviewer for most agricultural insurance products developed over the past 20 years.

Among the federal insurance programs to be discussed are: Hail; Multiple Peril Crop Insurance; Revenue Insurance Plans; Group Risk Income Protection; Crop Revenue Coverage; Income Protection; and the new Forage Insurance Pilot Program.

‘Unique opportunity’

“This is a unique opportunity for area farmers and ranchers to learn the pros and cons of the various insurance products, “Bevers said. “The program should give them the information they need to make more informed decisions on how to incorporate these risk management products into their management and marketing plans. Furthermore, if anyone has had any questions regarding how these products have been developed and/or performed, Dr. Barnaby is the guy to ask.”

The fee for the program is $75 and covers the speaker expenses, lunch, and program materials. Spouses may attend free. Pre-registration by Feb. 16 is required. For more information, call Stan Bevers at 940 552-9941, Extension 231.

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