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Livestock
Buying a livestock insurance policy is one risk management option.
Producers should always carefully consider how a policy will work in
conjunction with their other risk management strategies to insure the
best possible outcome.
Livestock Gross Margin (LGM)
Provides protection against loss of gross margin (market value of livestock minus feed costs).
LGM Cattle
LGM Dairy
For contracts sold prior to Dec 17, 2010:
For contracts sold on or after Dec 17, 2010:
LGM Swine
For contracts sold prior to Oct 28, 2011:
For contracts sold on or after Oct 28, 2011:
Livestock Risk Protection (LRP)
Provides protection against price declines.
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