Livestock Risk Protection (LRP)
LRP-Fed Cattle is a federally-reinsured livestock product that provides protection when the national cash price index, as reported by the Chicago Mercantile Exchange (CME), falls below the insured’s price coverage level.
Flexible Contract Size
- Offered on per-head basis
- No delivery requirements
- Premium due after coverage ends
Price Protection Tool
- Guards against decline in market price
- Protect your bottom line
- No brokerage fees
Lender Advantages
- Preferable to a put option to cover a loan
- Coverage endorsement cannot be cancelled
- Lender may take security interest
Need more information, browse a few of our resources.
- LRP Fed Cattle Fact Sheet
- LRP Fed Cattle Actual Ending Values
- 5-Area Weekly Weight Average Direct Slaughter Cattle (Please refer to Steers: LIVE FOB , 35%-65% Choice)
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LRP Feeder Cattle | Fed Cattle Subsidy Table
| Coverage Level | 95% – 100% | 90% – 94% | 85% – 89% | 80% – 84% | 70% – 79% |
|---|---|---|---|---|---|
| Subsidy | 35% | 40% | 45% | 50% | 55% |