Cattle Prices Drop. Feed Costs Rise. Your Revenue Is Protected.
LRP insurance protects cattle and swine producers against declining market prices using CME futures data. Coverage levels from 70–100%, insurance periods from 13–52 weeks, and federally subsidized premiums across Missouri, Iowa, Kansas, and Illinois.
Markets Are Volatile. LRP Protects Your Price.
Livestock prices can swing dramatically in weeks. A sudden drop in feeder cattle, fed cattle, or lean hog prices can wipe out months of profit. LRP insurance sets a price floor under your livestock — if the actual ending value falls below your coverage price, you receive an indemnity payment automatically.
LRP uses CME futures data to set daily coverage prices. You choose your coverage level (70–100%), insurance period (13–52 weeks), and number of head to cover. Premiums are federally subsidized and due at the end of the coverage period — not upfront.
Whether you sell feeder calves in Missouri, finish cattle in Kansas, market hogs in Iowa, or run cattle in Illinois — LRP provides the price protection that keeps your operation profitable.
Get a LRP Quote →Can your operation absorb a major price drop?
LRP insurance sets a guaranteed price floor under your livestock — so when prices drop, you get paid the difference. Federally subsidized. Available daily.
Get a Free Quote →660-665-1687 · 660-754-1000
Livestock Risk Protection (LRP) Through Brawner
LRP protects against declining livestock prices using CME futures data. Here's how the key components work.
LRP — Feeder Cattle
Protects feeder cattle producers against declining prices. Available for unborn calves, cattle under 600 lbs, and 600–1,000 lbs. Uses CME Feeder Cattle Index. Up to 12,000 head/endorsement, 25,000/year.
LRP — Fed Cattle
Protects fed cattle producers against declining slaughter prices. Steers/heifers 1,000–1,600 lbs, USDA Select or higher. Uses 5-Area Weekly Weighted Average price.
LRP — Swine
Protects hog producers against declining lean hog prices. Up to 70,000 head/endorsement, 750,000/year. Uses CME Lean Hog Index.
Coverage Levels (70–100%)
Choose 70% to 100% of expected ending value. Higher coverage = earlier trigger but higher premium. Prices updated daily using CME data.
Insurance Periods (13–52 Weeks)
10 period options: 13, 17, 21, 26, 30, 34, 39, 43, 47, or 52 weeks. Pick the one closest to when you'll market. Coverage starts when RMA approves your endorsement.
Federal Premium Subsidy
LRP premiums are federally subsidized. Premium due at end of insurance period, not upfront. Additional subsidies for beginning and veteran farmers. If your policy triggers an indemnity, it can pay for itself.
Specific Coverage Endorsements
Each LRP purchase is a Specific Coverage Endorsement (SCE) — livestock type, head count, weight, coverage level, period. Buy multiple SCEs year-round on one application.
Daily Availability
LRP available most business days. Sales window: 3:30 PM to 8:25 AM Central. Not available on holidays or USDA report release days. Prices updated daily.
Let's build your LRP coverage.
We help you select the right coverage level, insurance period, and endorsement strategy for your operation.
Talk to an Agent →