{"id":355,"date":"2013-11-20T17:55:14","date_gmt":"2013-11-20T17:55:14","guid":{"rendered":"http:\/\/www.optimalag.net\/sheepagriculture\/?p=355"},"modified":"2013-11-20T17:55:14","modified_gmt":"2013-11-20T17:55:14","slug":"lrp-lamb-market-report-18-november-2013","status":"publish","type":"post","link":"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/","title":{"rendered":"LRP-Lamb Market Report 18 November 2013"},"content":{"rendered":"

The LRP-Lamb price index ended last week at $140.73 per cwt. This is up $5.44 from the index of $135.29 on November 11, 2013.<\/p>\n

LRP-Lamb insurance price forecasts expiring November 18, 2013 were as follows:<\/p>\n

\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n
Date Offered<\/td>\nPolicy<\/td>\nExpected Ending Value<\/td>\nActual % of Expected<\/td>\n<\/tr>\n
8\/19\/2013<\/td>\n13-week<\/td>\n$99.86<\/td>\n140.9%<\/td>\n<\/tr>\n
7\/1\/2013<\/td>\n20-week<\/td>\n$96.53<\/td>\n145.8%<\/td>\n<\/tr>\n
5\/20\/2013<\/td>\n26-week<\/td>\n$81.01<\/td>\n173.7%<\/td>\n<\/tr>\n
2\/18\/2013<\/td>\n39-week<\/td>\n$96.18<\/td>\n146.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

The effective floor prices offered by LRP-Lamb coverage for policies expiring November 18, 2013 were as follows:<\/p>\n\n\n\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\nEffective Floor Price (Coverage Price \u2013 Producer Premium)<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n(Producer Premium per cwt.)<\/td>\n<\/tr>\n
Date Offered<\/td>\nPolicy<\/td>\nExpected Ending Value<\/td>\n95%<\/td>\n90%<\/td>\n85%<\/td>\n80%<\/td>\n<\/tr>\n
8\/19\/2013<\/td>\n13-week<\/td>\n$99.86<\/td>\n$92.832<\/td>\n$89.106<\/td>\n$84.638<\/td>\n$79.823<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n(2.038)<\/td>\n(0.764)<\/td>\n(0.242)<\/td>\n(0.067)<\/td>\n<\/tr>\n
7\/1\/2013<\/td>\n20-week<\/td>\n$96.53<\/td>\n88.677<\/td>\n85.443<\/td>\n81.449<\/td>\n76.997<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n(3.023)<\/td>\n(1.437)<\/td>\n(0.601)<\/td>\n(0.223)<\/td>\n<\/tr>\n
5\/20\/2013<\/td>\n26-week<\/td>\n$81.01<\/td>\n74.264<\/td>\n71.474<\/td>\n68.165<\/td>\nN\/A<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n(2.696)<\/td>\n(1.436)<\/td>\n(0.695)<\/td>\n(N\/A)<\/td>\n<\/tr>\n
2\/18\/2013<\/td>\n39-week<\/td>\n$96.18<\/td>\n86.898<\/td>\n83.809<\/td>\n80.158<\/td>\n76.070<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n(4.472)<\/td>\n(2.751)<\/td>\n(1.592)<\/td>\n(0.870)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

None of the LRP-Lamb insurance offerings expiring on November 18, 2013 offered protection above the actual ending price index of $140.73. After the fact, the best a person could have done was not to insure lambs for delivery on or about November 18, 2013. However, as always, one should consider the protection the insurance provides in terms of risk management.<\/p>\n","protected":false},"excerpt":{"rendered":"

The LRP-Lamb price index ended last week at $140.73 per cwt. This is up $5.44 from the index of $135.29 on November 11, 2013. LRP-Lamb insurance price forecasts expiring November 18, 2013 were as follows: Date Offered Policy Expected Ending …<\/p>\n

LRP-Lamb Market Report 18 November 2013<\/span> Read More »<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-355","post","type-post","status-publish","format-standard","hentry","category-marketing"],"yoast_head":"\nLRP-Lamb Market Report 18 November 2013 - Sheep Agriculture<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LRP-Lamb Market Report 18 November 2013 - Sheep Agriculture\" \/>\n<meta property=\"og:description\" content=\"The LRP-Lamb price index ended last week at $140.73 per cwt. This is up $5.44 from the index of $135.29 on November 11, 2013. LRP-Lamb insurance price forecasts expiring November 18, 2013 were as follows: Date Offered Policy Expected Ending … LRP-Lamb Market Report 18 November 2013 Read More »\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/\" \/>\n<meta property=\"og:site_name\" content=\"Sheep Agriculture\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-20T17:55:14+00:00\" \/>\n<meta name=\"author\" content=\"jparsons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"jparsons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/\",\"url\":\"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/\",\"name\":\"LRP-Lamb Market Report 18 November 2013 - Sheep Agriculture\",\"isPartOf\":{\"@id\":\"https:\/\/www.optimalag.net\/sheepagriculture\/#website\"},\"datePublished\":\"2013-11-20T17:55:14+00:00\",\"dateModified\":\"2013-11-20T17:55:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.optimalag.net\/sheepagriculture\/#\/schema\/person\/d0959fd440f6cbe381b4c7c09effd5d5\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.optimalag.net\/sheepagriculture\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LRP-Lamb Market Report 18 November 2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.optimalag.net\/sheepagriculture\/#website\",\"url\":\"https:\/\/www.optimalag.net\/sheepagriculture\/\",\"name\":\"Sheep Agriculture\",\"description\":\"For Anyone Interested in or Currently Raising Sheep\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.optimalag.net\/sheepagriculture\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.optimalag.net\/sheepagriculture\/#\/schema\/person\/d0959fd440f6cbe381b4c7c09effd5d5\",\"name\":\"jparsons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.optimalag.net\/sheepagriculture\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0f210a5cfe984d4f7f8f3ba68cbd06e9cffa8bbf4b6c252aeaabbe8c741f9b88?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0f210a5cfe984d4f7f8f3ba68cbd06e9cffa8bbf4b6c252aeaabbe8c741f9b88?s=96&d=mm&r=g\",\"caption\":\"jparsons\"},\"url\":\"https:\/\/www.optimalag.net\/sheepagriculture\/author\/jparsons\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"LRP-Lamb Market Report 18 November 2013 - Sheep Agriculture","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/","og_locale":"en_US","og_type":"article","og_title":"LRP-Lamb Market Report 18 November 2013 - Sheep Agriculture","og_description":"The LRP-Lamb price index ended last week at $140.73 per cwt. This is up $5.44 from the index of $135.29 on November 11, 2013. LRP-Lamb insurance price forecasts expiring November 18, 2013 were as follows: Date Offered Policy Expected Ending … LRP-Lamb Market Report 18 November 2013 Read More »","og_url":"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/","og_site_name":"Sheep Agriculture","article_published_time":"2013-11-20T17:55:14+00:00","author":"jparsons","twitter_card":"summary_large_image","twitter_misc":{"Written by":"jparsons","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/","url":"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/","name":"LRP-Lamb Market Report 18 November 2013 - Sheep Agriculture","isPartOf":{"@id":"https:\/\/www.optimalag.net\/sheepagriculture\/#website"},"datePublished":"2013-11-20T17:55:14+00:00","dateModified":"2013-11-20T17:55:14+00:00","author":{"@id":"https:\/\/www.optimalag.net\/sheepagriculture\/#\/schema\/person\/d0959fd440f6cbe381b4c7c09effd5d5"},"breadcrumb":{"@id":"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.optimalag.net\/sheepagriculture\/marketing\/lrp-lamb-market-report-18-november-2013\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.optimalag.net\/sheepagriculture\/"},{"@type":"ListItem","position":2,"name":"LRP-Lamb Market Report 18 November 2013"}]},{"@type":"WebSite","@id":"https:\/\/www.optimalag.net\/sheepagriculture\/#website","url":"https:\/\/www.optimalag.net\/sheepagriculture\/","name":"Sheep Agriculture","description":"For Anyone Interested in or Currently Raising Sheep","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.optimalag.net\/sheepagriculture\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.optimalag.net\/sheepagriculture\/#\/schema\/person\/d0959fd440f6cbe381b4c7c09effd5d5","name":"jparsons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.optimalag.net\/sheepagriculture\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0f210a5cfe984d4f7f8f3ba68cbd06e9cffa8bbf4b6c252aeaabbe8c741f9b88?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0f210a5cfe984d4f7f8f3ba68cbd06e9cffa8bbf4b6c252aeaabbe8c741f9b88?s=96&d=mm&r=g","caption":"jparsons"},"url":"https:\/\/www.optimalag.net\/sheepagriculture\/author\/jparsons\/"}]}},"_links":{"self":[{"href":"https:\/\/www.optimalag.net\/sheepagriculture\/wp-json\/wp\/v2\/posts\/355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.optimalag.net\/sheepagriculture\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.optimalag.net\/sheepagriculture\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.optimalag.net\/sheepagriculture\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.optimalag.net\/sheepagriculture\/wp-json\/wp\/v2\/comments?post=355"}],"version-history":[{"count":0,"href":"https:\/\/www.optimalag.net\/sheepagriculture\/wp-json\/wp\/v2\/posts\/355\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.optimalag.net\/sheepagriculture\/wp-json\/wp\/v2\/media?parent=355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.optimalag.net\/sheepagriculture\/wp-json\/wp\/v2\/categories?post=355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.optimalag.net\/sheepagriculture\/wp-json\/wp\/v2\/tags?post=355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}