Utah State University Extension
Ranching has always been a challenging and risky operation. Producers deal with production risk on a daily basis. A late winter storm during calving or lambing season can result in sickness and even death for many new born calves and lambs. Drought can reduce available grazed forages and increase feeding costs. Sickness or disease may limit weight gain or be detrimental to reproductive performance
Feuz, Dillon M.; Feuz, Bridger; and Feuz, Ryan, "Livestock Marketing and Risk Management" (2013). All Current Publications. Paper 1342.