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Livestock Risk Protection

 

Worried about where the livestock prices might be going? By purchasing Livestock Risk Protection you can protect your cattle investment against a decline in the market. LRP protects producers if the national cash price falls below the 'trigger' level set in their insurance coverage. LRP is sold on a coverage level basis and is government subsidized 13%. At the end of your contract the Chicago Mercantile Exchange sends out a weighted average index, if this index is less then your contract coverage price you will be paid the difference. Everyday at 4:00PM the market prices are published.

DONT FORGET: 

2024 Spring MPCI Production Due Now!
2025 PRF  Sales Closing 12/01
2025 Wheat  Acreage Reports Due 12/15
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