Protection Against Possible Declining Cattle Market

Livestock Risk Protection (LRP) is an increasingly common topic in conversation among cattle producers. According to the USDA, LRP is designed to protect producers against declining market prices in feeder cattle. Premiums, coverage prices, and actual ending values change daily and vary based on specifics of insured cattle and state. See the infographic below for more information on LRP and visit the USDA – Agent Locator to find a LRP agent.