Livestock Risk Protection (LRP)
LRP-Feeder 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
- Coverage available on unborn calves
- Premium due after coverage ends
Price Protection Tool
- Guards against decline in market price
- Protect your bottom line
- No slides or basis
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 Feeder Cattle FAQ’s
- LRP Price Risk and Break Even Calculator
- RMA LRP Coverage Prices, Rates, and Actual Ending Values
- Feeder Cattle Cash Settled Commodity Index Price
- Download LRP Brochure
Livestock Risk Protection (LRP) Resources
Receiving LRP Daily Rates
LRP Questions & Answers
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% |
LRP Feeder Cattle Price Adjustment Factors
| Weight | Steers | Heifers | Unborn Calves | Predom. Brahman | Predom Dairy |
|---|---|---|---|---|---|
| <6.0
6.0-9.0 |
110%
100% |
100%
90% |
105%
N/A |
100%
90% |
50%
50% |