Livestock Risk Protection (LRP)

Livestock Risk Protection (LRP) will provide single peril risk protection against decreased prices during the insurance period. Coverage prices range from 75% to 100% of daily livestock futures prices for swine, fed cattle and feeder cattle. LRP is priced and available for sale continuously throughout the year. Livestock can be insured for weekly increments from 13 to 52 weeks.


RMA monitors capacity levels, and as soon as the funding limit has been reached, the sales of the product will stop. 


LRP does not insure against:

  • Death
  • Loss
  • Poor performance


When the insurance period ends if the ending value is below your coverage price, you’ll be paid an indemnity for the difference.

Learn More...

  • Specific Coverage Endorsement (SCE)

    The specific coverage endorsements (SCE) are not continuous and are only effective for the period stated. 


    The SCE must be completed annually or multiple times/year for the coverage to be maintained. The beef producer may buy specific coverage endorsements throughout the year with a max limits of 12,000hd/SCE for cattle and 70,000hd/SCE for swine. The annual limit for LRP-Fed and Feeder Cattle is 25,000 head per producer/year (July 1-June 30) and 750,000 head per producer/year for swine. 


    Cattle must be owned by the producer at the time of the LRP policy purchase and retained within 60 days prior of the policy end date. Insurance periods offered for 13, 17, 21, 26, 30, 34, 39, 43, 44, and 52-week periods.

  • Fed Cattle

    Insurable livestock include:


    Steers & Heifers

    • Expected to grade select or higher
    • Expected to weigh 10 to 16 cwt (live weight)

    Cull Cows

  • Feeder Cattle

    Insurable livestock include:


    Less than 6 cwt

    • Steers
    • Bulls
    • Heifers
    • Predominately Brahman
    • Predominately Dairy
    • Unborn Steers and Heifers
    • Unborn Dairy
    • Unborn Brahman

    Between 6 - 10 cwt

    • Steers
    • Heifers
    • Predominately Brahman
    • Predominately Dairy

    Unborn Calves: 0.60 - 0.99 cwt

    • Beef calves and beef-on-dairy calves, sold within 2 weeks after birth

  • Swine

    Insurable livestock include:

    • Producers can insurehogs expected to market between 1.45 and 2.6 lean cwt target weight (189 to 351 lbs. live weight)
    • This includes unborn swine
    • Lean Weight Conversion Factor: Lean Weight = Live Weight x 0.74

  • Benefits of LRP

    1. Insures against unanticipated or sudden national price drops
    2. Livestock are insured on a per head basis
    3. Premiums aren't due until after the policy expires
    4. No bids or spreads to cover
    5. Any number of head can be covered (up to limits)
    6. Numerous endorsement period options & wider range of target weights than CME
    7. LRP may be viewed more favorably by lenders than hedging or speculating