The Livestock program includes two (2) separate plans:

  • Livestock Risk Protection (LRP)
  • Livestock Gross Margin

While both of these plans are under the Federal Livestock Program, they are different. Very simply stated, LGM insures against a loss of gross margin, or the value of the livestock / milk minus the cost of feed/feeders. LRP insures against a decline in price during the insurance period. 

Recent Posts

Start typing and press Enter to search

Please Enter Your Information to Begin Your Download.

This field is for validation purposes and should be left unchanged.