Livestock Insurance
Livestock insurance is now available for feeder cattle, fed cattle, and swine. The government subsidizes all three programs 13%.
With livestock insurance you are able to put a floor in your marketing plan. The contracts are by the number of head with no
minimum and a maximum that varies depending on the commodity you are buying. The coverage levels, contract length, and
weights are determined daily from the RMA (Risk Management Agency) website which you can link to from our web site. Your
only cost is the premium which is paid when you buy a contract, you never pay margin money and never have to sell the cattle unless
you choose. Stop by or call to find out how livestock insurance can help your operations.
To obtain Daily LRP Coverage Prices, Rates, and Actual Ending Values click on the link below.
http://www3.rma.usda.gov/apps/livestock_reports/
