By Jennifer Carrico, DTN Senior Livestock Editor The fourth quarter of 2023 brought much price fluctuation for both feeder cattle and fat cattle, leading many to question if some risk …
LRP
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Ag News StoriesLivestock NewsNews
USDA Updates Livestock Insurance Options to Offer More Flexibility
by Colter BrownThe U.S. Department of Agriculture has updated three key crop insurance options for livestock producers: the Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM), and Livestock Risk Protection (LRP). USDA’s …
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The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) on Tuesday announced further changes to its Livestock Risk Protection (LRP) insurance plan. The changes took effect on January 20 for crop …
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Laketown, Utah – USDA recently announced significant improvements to the Livestock Risk Protection Insurance Plan (LRP), a program that allows cattle producers to insure against unexpected price declines. LRP allows …