LIVESTOCK RISK PROTECTION (LRP), LIVESTOCK GROSS MARGIN (LGM) AND DAIRY REVENUE PROTECTION (DRP) CHANGES
Livestock Risk Protection, Livestock Gross Margin, and Dairy Revenue Protection - Modifications Effective for 2025 and Succeeding Crop Years
5 Things to Know About Dairy Revenue Protection (DRP)
Follow along as we outline 5 things to know about Dairy Revenue Protection.
How Does Livestock Risk Protection Work?
With ongoing market volatility caused by the economy, disease and global factors, more farmers and ranchers are turning to Livestock Risk Protection (LRP).
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Top 5 Benefits of Livestock Risk Protection
Food, water and disease management are the principles of raising livestock – and maybe a little bit of luck. But with ever-present market volatility casting uncertainty on prices, safety precautions for your livestock operation aren’t the only thing keeping farmers and ranchers up at night. Thankfully, protecting your operation is made easier with Livestock Risk Protection (LRP) insurance.
Infographic: Livestock Risk Protection Brings Stability to Livestock Market Volatility
Protect your livestock operation from market volatility.
Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), and Dairy Revenue Protection (DRP) Crop Insurance Modifications
Per Product Management Bulletin PM-23-022, the following modifications will be effective for 2024 and succeeding crop years for Livestock Risk…
Suspension of Livestock Risk Protection (LRP) Basic Provisions 60-Day Ownership Requirement
Per Managers Bulletin: MGR – 22-004, due to the continuing severe drought conditions impacting many parts of the nation, producers…
USDA Updates Livestock Insurance Options to Offer Better Protection, Flexibility
Per a news release that was published May 4, 2022, the USDA is providing producers greater flexibility for Dairy Revenue…
LRP or LGM: A win-win for livestock ranchers and producers
Bringing stability to market volatility Declining market prices and shrinking margins are two of the primary threats to ranchers and…
5 Things to Know About Dairy Revenue Protection (DRP)
DRP keeps the glass full when unexpected revenue declines occur Got milk revenue loss coverage? If not, perhaps a tall…