Livestock Risk Protection Insurance
&
Livestock Gross Margin Insurance
Call us anytime to discuss LRP or LGM.
Call us anytime to discuss LRP or LGM.
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 can be used as a replacement for hedges or as a compliment to your hedge positions. LGM is the cattle crush that leaves the topside open.
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