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Protein demand shifts insurance risk considerations for cattle and dairy

Nationwide points to low herd numbers and inflation alongside strong protein demand as factors changing risk profiles for beef and dairy operators.

Reported · Written up by our desk · Industry & Deals

Risk & Insurance, in a Q&A with Nationwide, says changes in the beef and dairy markets are prompting agribusiness leaders to reassess risk mitigation and insurance considerations.

The discussion ties shifting conditions to low herd numbers, inflation, and strong demand for protein, which it says are driving ongoing changes across the cattle and dairy industries.

Nationwide’s Jeremy Staun, vice president of farm sales and underwriting for Nationwide Agribusiness, joined Risk & Insurance editor in chief Dan Reynolds to discuss how operators and agents can keep emerging trends in mind when evaluating coverage and underwriting risks.

The interview also highlights the role of operational and technology changes in managing risk, noting that evolving industry dynamics can affect how insurance planning is approached in practice.

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