Livestock Gross Margin

Livestock Gross Margin (LGM) provides protection against loss of gross margin (market value of cattle minus feeder cattle and feed costs) on cattle. Livestock Gross Margin (LGM) covers a decline in cattle prices and/or an increase in feed costs and/or an increase in feeder cattle prices.

Livestock Gross Margin Eligibility 

Cattle producers in CO, IL, IN, IA, KS, MI, MN, MO, MT, NE, NV, ND, OH, OK, SD, TX, UT, WI, WV and WY feeding cattle in these states are eligible for LGM. Producers must have an ownership share in the cattle being produced.

Livestock Gross Margin Coverage Levels

Producers can choose deductible amounts from $0 to $150 per head, in $10 increments.