LIVESTOCK
Livestock Risk Protection
Livestock Risk Protection (LRP) is a federally reinsured livestock product that provides single peril risk protection against the decline in prices over the insurance period.
This insurance may be purchased throughout the year. Premium rates, coverage prices, and actual ending values are posted online daily. The RMA monitors capacity levels, and when the funding limit has been reached, sales for this product will cease. LRP does not insure against death, loss or poor performance.
At the end of the insurance period, if the actual ending value is below the coverage price, an indemnity will be paid for the difference.
- The premium billing date is now the first day of the second month following the end of the endorsement.
New for RY 2026
- Livestock purchased through a livestock purchase agreement (forward contract) are now eligible to be insured under LRP before the buyer has taken physical possession.
- Premium is now billable the first of the second month following the end of the endorsement.
- New Type: Cull Cows (For dairy cows removed from the herd for beef slaughter).
- LRP Fed Cattle offers will not be offered on days that the Cattle on Feed report is released.
- Sales records must be dated no later than 60 days after the end date of the fed cattle endorsements.
- Producers can insure up to 12,000 head per SCE with a limit of 25,000 head per crop year.
New for RY 2026
- Livestock purchased through a livestock purchase agreement (forward contract) are now eligible to be insured under LRP before the buyer has taken physical possession.
- New Feeder Cattle Type – Unborn Calves.
- For beef & beef on dairy cross calves expected to be sold within the first two weeks after birth.
- Target weight range of 0.60 – 0.99 cwt.
- Premium is now billable the first of the second month following the end of the endorsement.
- LRP Feeder Cattle offers will not be offered on days that the Cattle on Feed report is released.
- For sold feeder cattle, sales records must be dated no later than 60 days after the end date of the endorsement.
New for RY 2026
- New Feeder Cattle Type – Unborn Calves.
- For beef & beef on dairy cross calves expected to be sold within the first two weeks after birth.
- Target weight from 0.60 – 0.99 cwt.
- Name change to the Feeder Cattle type – Unborn Bulls & Heifers.
- Proof of ownership interest in the pregnant cows or sows to which the unborn livestock were born may be required.
New for RY 2026
- The premium billing date is now the first day of the second month following the end of the endorsement.
- LRP Swine offers will not be offered on days that the Hogs and Pigs report is released.
- For LRP Swine, sales records must be dated no later than 60 days after the end date of the endorsement.
Quote Coverage
Our LRP quoting tool provides agents and ranchers a more efficient way to choose the best coverage to protect their investment should the national price drop before the animal goes to market - including an overview of the upside potential in the marketplace.
Premium Subsidy
35% | 40% | 45% | 50% | 55% |
---|---|---|---|---|
95-100% Coverage |
90-94.99% Coverage |
85-89.99% Coverage |
80-84.99% Coverage |
70-79.99% Coverage |
The information contained in this publication is for general purposes only and shall not modify the terms of any insurance policy.
For general Hudson Crop policy questions, please call
(866) 450-1445.