All aspects of a farm operation are important, but those with livestock have unique opportunities through crop insurance. We are proud to offer livestock risk products that assist producers with hardships such as market losses. Coverage on cattle and swine ensures that your animals are protected throughout the stages of their lives.
LIVESTOCK RISK PROTECTION (LRP) is available to protect yourself from market decline on a selected coverage price for both feeder and fed cattle and/or swine. Coverage periods range from 13-52 weeks, using the animal's anticipated weight at the end of the coverage period.
LRP is available for purchase each weekday beginning at 4:30 pm. Daily Sales periods end the next morning, with the signed SCE form required to be submitted to the AIP by 8:25 am SHARP! Friday's sales period ends Saturday morning by 8:25 am, and is closed until Monday afternoon. There are no daily sales between 8:25 am and 4:30 pm, including the weekend.
CURRENT COVERAGE PRICES - 12/19/24 - CLICK EACH BELOW
- Unborn Steers/Heifers (All - up to 5.99 cwt)
- Steers (wt1 - up to 5.99 cwt)
- Steers (wt2 - 6.0 to 10.0 cwt)
- Heifers (wt1 - up to 5.99 cwt)
- Heifers (wt2 - 6.0 to 10.0 cwt)
- Fed Cattle (All - 10.0 to 16.0 cwt)
- 3rd Friday Each month/or day when 'Cattle on Feed' report released
- 12/25/24 - Christmas Day
- 01/01/2025 - New Year's Day
- 01/20/25 - Martin Luther King Day
- 2/17/25 - President's Day
- 4/18/25 - Good Friday
PRICES, COVERAGE LEVELS, ENDING VALUES
There are a couple of resources available on the Risk Management Agency (RMA) website to track daily coverage offerings and market ending values. Click on the red links to start!
- Cost Estimator: Personalized Estimate>Fill Criteria; Year 2025; Livestock Risk Protection;>Choose Livestock to Add; Fill Criteria (see below)>Get Estimates
- Livestock Reports: LRP Coverage Prices, Rates, and Actual Ending Values
*NOTE: Weight of livestock WILL affect premium; try to be accurate on ending weight averages!
Call or stop in for more information and quotes.