Iowa LRP Insurance. Your Livestock Prices Are Protected.
LRP insurance protects Iowa cattle and swine producers against declining prices. Iowa's #1 hog industry and cattle feeding operations get 70–100% coverage across all 99 counties.
Iowa Livestock Prices Are Unpredictable. LRP Protects You.
Iowa is the #1 hog state and a major cattle feeder. When lean hog prices crash or feeder cattle values drop, Iowa producers face devastating losses. LRP sets a price floor — guaranteeing a minimum value for your livestock based on CME futures data.
LRP-Swine is critical for Iowa's massive hog industry. Coverage also available for feeder and fed cattle. Up to 12,000 cattle or 70,000 hogs per endorsement. Premiums federally subsidized, due at end of coverage.
Iowa's livestock industry faces constant price risk. LRP gives Iowa producers affordable, accessible price protection without the complexity of direct futures trading.
Get a LRP Quote →Can your Iowa 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
LRP Coverage Through Brawner
LRP protects Iowa cattle and swine producers against declining prices. Here's how it works.
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.
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