Lock In Livestock Prices Before the Market Shifts

Livestock Risk Protection Insurance

Livestock Risk Protection Insurance – Market Price Coverage for Cattle, Swine & Lamb

Livestock Risk Protection (LRP) gives Iowa producers a safety net against falling livestock prices. Whether you're raising feeder cattle, finished hogs, or market lambs, LRP allows you to insure your animals at a set price and receive a payment if the market drops—no matter your final sale price.

What Livestock Risk Protection Insurance Covers

LRP is a federally subsidized risk management tool that allows producers to protect their income from unexpected price dips in the livestock market. It’s flexible, responsive, and tailored to real market conditions—not guesswork.

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Price Decline Protection

If the cash market price falls below your selected coverage price, you’ll receive an indemnity—regardless of how much you actually sell your livestock for.

Cow with spots in a field, near a wooden fence.

Eligible Livestock

Coverage is available for lambs, swine, feeder cattle, and fed cattle. Policies can be written for any number of head, up to federal limits.

Cow grazing in a fenced pasture next to a barn.

No Loss Requirement

LRP payouts aren’t tied to your actual gain or loss. You could receive a loss payment even if you sold livestock profitably.

Flexible Structure That Fits Your Operation

Whether you're managing a feedlot, farrow-to-finish operation, or small family farm, LRP adapts to your scale and market goals.

  • Set Your Target Weight
    Payments are based on reaching your policy's target hundredweight (cwt). Managing weight gain toward that goal is key to maximizing your protection.
  • Tailored Quantities
    You don’t need to insure your entire herd. You can start small and grow your coverage as needed.

Common Questions About LRP Insurance

  • What livestock are eligible for LRP?

    Fed cattle, feeder cattle, swine, and lamb are all eligible. Your policy can be written around the weight class and production stage you're managing.

  • How is the payment calculated?

    You receive a payment if the actual ending value is below your insured price per hundredweight. The final sale price doesn’t affect the payout.

  • Is there a limit to how many animals I can insure?

    Yes, but the cap is high enough to accommodate most operations. Coverage limits vary slightly by species.

Let's Talk About Your Farm’s Future

When markets move fast, Livestock Risk Protection gives you the certainty you need to plan ahead. AgriPeril helps Iowa producers put the right safeguards in place—without complicating their operation.