Preparing for the Next Drought... Financially
Join the latest in the NCBA Cattlemen’s Webinar Series as we discuss tools available to manage your risk associated with drought. You’ll hear from risk management and insurance experts on the latest tools and resources available to help you make wise financial decisions in the face of uncertain weather. We’ll finish the presentations with a timely market update and outlook from Derrell Peel, extension livestock marketing specialist at Oklahoma State University.
Michael Ciliege, Risk Management Specialist
Michael Ciliege has been in the insurance industry for 14 years. He earned a BBA in Risk Management and Insurance from Georgia State University, and MBA from Thomas More College, and holds ARM, CIC, and CRIS designations. Michael Ciliege has worked for the Risk Management Agency in the Kansas City office for the past seven years as a Risk Management Specialist in the Policy Administration Branch. His primary responsibilities are the rainfall index and livestock programs.
Jared Clark, Risk Management Agent
As a farmer and cattle owner/operator for over 10 years, Clark has first-hand experience in the farming industry and uses this experience to help producers understand their options in risk management. Clark worked with Silveus Financial’s partner, Silveus Insurance Group, for over seven years in the risk management and insurance industry before joining Silveus Financial in 2014.
Dr. Derrell S. Peel, Charles Breedlove Professor of Agribusiness
Derrell Peel is the Charles Breedlove Professor of Agribusiness in the Department of Agricultural Economics. He has served as the Extension Livestock Marketing Specialist since he came to Oklahoma State University in 1989. He has B.S. and M.S. degrees from Montana State University and a Ph.D. from the University of Illinois. He previously served as the Superintendent of the Southeastern Colorado Range Research Station in Springfield Colorado. His main program areas at Oklahoma State University include livestock market outlook and marketing/risk management education for livestock producers.
Peel also works in the area of international livestock and meat trade with particular focus on Mexico and Canada and the North American livestock and meat industry. He lived in Mexico on sabbatical in 2001 and has developed an extensive knowledge of the Mexican cattle and beef industry and the economics of cattle and beef trade between the U.S. and Mexico.
Derrik Hobbs, Senior Vice President
Hobbs has more than 15 years of experience in the financial field, managing various equity funds (both large cap and L/S) and sitting on a committee that oversaw more than 1/2 billion dollars in investments. He previously worked as a crop insurance agent before joining Silveus Financial in June of 2012. He currently serves as a Regional Risk Manager. Hobbs is a published author with two books, Fibonacci for the Active Trader and Discovery of Design. He received a bachelor’s degree in accounting and business management from Grace College and Seminary.
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