Livestock Coverage

Dairy-RP protects dairy producers against unexpected declines in milk revenue caused by changes in milk prices or yields. Coverage is based on futures prices and can be customized by quarter and pricing method to match an operation’s risk exposure.

LGM-Cattle provides protection against declining gross margins by insuring the difference between cattle market value and feed costs. It helps producers manage price volatility affecting both input costs and cattle prices over an 11-month coverage period.

LGM-Dairy protects dairy operations when feed costs rise or milk prices fall, reducing overall margins. Coverage is based on futures prices for milk, corn, and soybean meal and is designed to stabilize income rather than insure individual animals.

LGM-Swine insures hog producers against losses in gross margin caused by lower hog prices or higher feed costs. Coverage is margin-based and tailored to different swine operation types, including farrow-to-finish and feeder pig operations.

LRP-Fed Cattle protects producers from declines in market prices for finished cattle at the time of sale. Producers select coverage levels and marketing periods to lock in price protection without committing cattle to delivery.

LRP-Feeder Cattle and LRP-Swine provide price protection against declining market prices for feeder cattle and hogs. These policies allow producers to manage price risk while retaining ownership and marketing flexibility.

LRP-Swine protects hog producers from declining market prices by providing price coverage during a selected marketing period. If market prices fall below the chosen coverage level, an indemnity may be paid.