Livestock Risk Protection provides protection against declining livestock prices if the price, as specified in the policy, drops below the producer's selected coverage price. Coverage prices range from 70% to 100% of daily livestock prices for swine, fed cattle and feeder cattle; and 80% to 95% for lambs. LRP is priced and available for sale continuously throughout the year. Livestock can be insured for various different weekly increments.
Raising livestock has its own unique set of challenges, and you take great care to protect your animals. With LRP, you can protect your price. Livestock Risk Protection coverage protects you against declining livestock prices for swine, feeder cattle, fed