2105 Kentucky Avenue, Humboldt, IA 50548

reed@agriperil.com      |      515-570-8547

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Livestock Risk Protection

Livestock Risk Protection (LRP) is a policy that provides protection for lambs, swine, fed cattle, and feeder cattle against declining livestock prices and provides a payment if the ending daily cash price of your livestock falls below your coverage price.  Benefits of LRP include:

  • Your final selling price does not impact your payment as it is not based on your actual gain or loss, so you could earn a loss payment even if your livestock remained profitable and vice-versa.

  • Any number of head could be insured up to a certain limit

*Producers need to hit their target hundredweight (cwt) in their policy to receive the exact insured amount.

 

Detailed information below: