Livestock Risk Protection
Livestock Risk Protection (LRP) provides protection against declining livestock prices if the price, as specified in the policy, drops below the producer’s selected coverage price. Livestock Risk Protectin (LRP) covers a decline in livestock prices. Coverage prices range from 70% to 100% of daily livestock prices for swine, fed cattle and feeder cattle; and 80% to 95% for lambs. Livestock Risk Protection (LRP) is priced and available for sale continuously throughout the year.