Livestock Risk Management

We offer both Livestock Risk Protection (LRP) and Livestock Gross Margin (LGM) Insurance. Recent updates to both programs have not only made them more useful as risk management tools, but also more cost efficient than traditional forms of risk management.

LRP

LRP is available for calves, feeder cattle and fed cattle. It is designed to protect against a decline in the cattle market and pays the producer if the cash index falls below a selected coverage price. Basically, it is insurance that establishes a floor price and leaves the top side open.  

Features:

• Any head count
• No upfront cost. Premium is due at the end of coverage.
• No margin calls
• Provides peace of mind at home and at the bank

LGM

LGM provides protection against a decline in cattle feeding margin. Simply put, LGM is price protection for your corn and cattle in the feedyard. LGM is the cattle crush that leaves the topside open.