LEARN THE LRP PROGRAM BASICS
LRP offers single-peril, price risk protection to feeder and fed cattle producers to provide protection against declining cattle prices. LRP for lightweight calves, stocker calves or feedlot animals pays a livestock producer if the national cash price index falls below the insured’s coverage price level. LRP does not cover sickness or death of an animal. If the cash price index for the insured cattle falls below the coverage price selected , the producer collects an indemnity equal to the difference.
LRP does not cover sickness or death of an animal.
LRP Insurance is beneficial to all producers as a way to show their lending institution a level of collateral.
DOWNLOAD AN 8.5" X 11" FLYER