Livestock Risk Protection

Livestock Risk Protection is designed to protect against declining market prices. A variety of coverage levels and insurance periods are offered that match the time the livestock would normally be marketed.

LRP is sold at coverage levels and is subsidized by the government between 35%-55% depending on the coverage level that is chosen.

At the end of your contract, the final price is calculated using the CME Index, and if the index falls below your contract’s coverage price, you may be paid the difference with price adjustment factors. The only factors we need to know are how many head of livestock you will be marketing, what month you plan to sell and what they will weigh at the time of sale. We can customize the coverage price and rates based off what your needs are.

Interested in learning more? Contact us now.

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