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

LIVESTOCK SALES CALENDAR

Livestock Risk Protection | Crop Insurance

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

  1. Get a new free account here:
  2. Check your email and activate your account by clicking the link
  3. You will be directed to a log-in page
  4. Sign in
  5. Go here to access pricing once you have created an account
  6. You will download a zip file. Click on the zip file and the pricing will open in Excel.