
LIVESTOCK RISK PROTECTION
(LRP)
The Livestock Risk Protection Insurance Plan for Feeder Cattle (LRP-Feeder Cattle) is designed to insure against declining market prices. You may choose from a variety of coverage levels and insurance periods that match the time your feeder cattle would normally be marketed (ownership may be retained).
You may buy LRP-Feeder Cattle insurance throughout the year from Risk Management Agency (RMA)- approved livestock insurance agents. Premium rates, coverage prices, and actual ending values are posted online daily.
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Check out Quotes below.
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You may choose coverage prices ranging from 70 to
100 percent of the expected ending value. At the end
of the insurance period, if the actual ending value is
below the coverage price, you will be paid an
indemnity for the difference between the coverage
price and actual ending value.
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See more information here.
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