Aggrad Live Podcast

Garrett Lister didn’t grow up in the traditional agricultural family lifestyle but his father was a high school ag teacher and, through that, Garrett found himself involved in 4-H and FFA. Attending college at Kansas State University, he figured he would start his degree in the world of Agricultural Economics, assuming that he would transfer to another direction when he discovered that passion.  Garret finds himself rotating between two different roles in his current position of cattle risk management for Innovative Livestock Services. One one end, he works at the hedge desk. Hedging based on risk and Garrett’s job is to deal with, primarily, price-risk. In hedging, you try to put yourself in a position that protects you from a negative market drop. If the market goes up, you don’t make as much but, if it goes down, you don’t lose as much.  By placing hedges, they are able to focus on the important aspects of raising cattle such as care of cattle, good herd health, cattle growth, and the production