Buying a livestock insurance policy is one risk management option.
Producers should always carefully consider how a policy will work in
conjunction with their other risk management strategies to insure the
best possible outcome.
Livestock Gross Margin (LGM)
Provides protection against loss of gross margin (market value of livestock minus feed costs).
Livestock Risk Protection (LRP)
Provides protection against price declines.
- 2010 Policy *See mandatory Ineligibility Amendment and footnote.
- *Ineligibility Amendment (15-Ineligibility)
- 2008 LRP Handbook
- LRP-Lamb Frequently Asked Questions: PDF | HTML
- Specific Coverage Endorsements
- Underwriting Rules
- Premium Calculation Worksheets
- Fact Sheets
Other Livestock Resources
*Ineligibility Amendment (15-Ineligibility) modifies the Livestock Gross Margin for Cattle Insurance Policy Basic Provisions, Livestock Gross Margin for Dairy Cattle Insurance Policy Basic Provisions, Livestock Gross Margin for Swine Insurance Policy Basic Provisions, and the Livestock Risk Protection Insurance Policy Basic Provisions for the 2015 and succeeding crop years for all crops with a 2015 contract change date on or before April 30, 2014.
For more information, contact Michael Ciliege.