Livestock Risk Protection (LRP) protects your investment should prices drop before your livestock gets to market while preserving your upside potential. LRP is similar to a put option, allowing producers to establish a floor price for protection while leaving upside price potential open. Unlike market contracts and options, it does not require a margin account or broker; it is closer to the actual ending value of the livestock and is based on cash market index price rather than the futures market. This federally-sponsored program insures against declining market prices (based on USDA’s Agricultural Market Services).
LIVESTOCK RISK PROTECTION
SPECIFIC COVERAGE ENDORSEMENT
LRP FACT SHEETS

Understanding CME Feeder Cattle Index® (PDF)
Accessing CME Feeder Cattle Index Information:
CME now requires that you set up an account in order to access Cash Settled Commodity Prices
- Get a new free account here:
- Check your email and activate your account by clicking the link
- You will be directed to a log-in page
- Sign in
- Go here to access pricing once you have created an account
- You will download a zip file. Click on the zip file and the pricing will open in Excel.
- Policy Options & Endorsements
- Crop Policies 2025 | 2024
- Crop Pricing Discovery Periods
- Crop Pricing
2025 | 2024
Condensed Versions:
2025 | 2024 - Actuarials 2025 | 2024