Livestock Insurance

Helping Producers Manage Risk and Protect Profitability

Livestock insurance programs provide essential risk management tools for cattle, swine, and dairy producers. These federally supported plans help protect against unexpected market volatility and rising feed costs, ensuring greater financial stability for livestock operations.

LIVESTOCK RISK PROTECTION
DAIRY REVENUE PROTECTION
LIVESTOCK GROSS MARGIN

Livestock Risk Protection (LRP)

LRP is designed to protect against declining market prices for:

  • Feeder cattle
  • Fed cattle
  • Swine

It functions similarly to a put option, locking in a floor price while allowing producers to benefit from rising markets. LRP is simple to use, with no margin calls or brokerage accounts required.

Dairy Revenue Protection (DRP)

DRP helps safeguard against unexpected dropps in milk revenue.

DRP is tailored for dairy producers, offering revenue protection based on:

  • Expected milk prices
  • Milk production volume
  • Market volatility

Producers can choose between class pricing or component pricing options, giving flexibility in how coverage is structured.

Livestock Gross Margin (LGM)

LGM provides protection against the loss of gross margin (market value of livestock minus feed costs). It's available for:

  • Dairy cattle
  • Swine
  • Cattle

LGM allows producers to customize coverage based on their operation's unique marketing and feeding strategies. It's ideal for those looking to hedge both price and input costs.

Why Choose Livestock Insurance?

  • Market Price Protection

  • Customizable Coverage

  • Affordable Premiums (USDA-subsidized)

  • No Broker Needed

Whether you’re managing a small family farm or a large-scale operation, livestock insurance can be a vital part of your risk management strategy.