Livestock
Products are Livestock Risk Protection (LRP), Livestock Gross Margin (LGM) and Dairy Revenue Protection.
Livestock Resources - https://www.rma.usda.gov/en/Topics/Livestock
LRP (Livestock Risk Protection)
Provides protection against price declines.
2020 LRP Policy - www.rma.usda.gov/-/media/RMAweb/Policies/Livestock-Risk-Protection/2020/LRP-Policy.ashx
Fed Cattle
Feeder Cattle
Lambs
Swine
Daily LRP Coverage Price, Rates and Actual Ending Values
LGM (Livestock Gross Margin)
Provides protection against loss of gross margin (market value of livestock minus feed costs).
DRP (Dairy Revenue Protection)
Dairy Revenue provides protection against a decline in revenue (yield and/or price) on the milk produced from dairy cows on a quarterly basis.
Other Livestock Resources
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