Protecting Profit with Livestock Risk Protection

When analyzing the cattle market in today’s environment, it’s clear that higher prices are justified. However, with so many variables—both domestic and international—market uncertainty is a daily concern for cattle producers.

At Producer Ag, we offer tools that bring peace of mind by helping you lock in a floor price to reduce the stress of market volatility and protect your income. One of the most effective tools is Livestock Risk Protection (LRP).

LRP allows you to set a floor price for your livestock. If the market price falls below your selected coverage price, you receive an indemnity payment.

Key Features of LRP:

• Coverage periods run in approximately four-week intervals starting at 13 weeks out up to 52 weeks out.

• Offered on a per-head basis, not a specific contract size.

• Variety of coverage levels and insurance periods.

• Subsidized 35% up to 55% depending on coverage level.

• Payment due at maturity of policy coverage, no upfront costs.

Whether you're new to LRP or already using it, reach out to your Producer Ag Crop Insurance Specialist for the most up-to-date information and personalized guidance for your operation.

Article provided by Stephen Floyd, Crop Insurance Manager.