LIVESTOCK INSURANCE
Farmers can secure their investment by purchasing protection for their cattle when market prices decline. This proactive approach ensures financial stability and helps mitigate losses, allowing farmers to focus on what they do best—raising healthy livestock. By locking in prices, farmers can feel more confident in navigating unpredictable market conditions.
WHY LRP?
An LRP claim is automatically triggered when the Actual Ending Value (AEV) published by RMA is less than the coverage price on the insured endorsement.
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2026 CLAIMS PROCESS
Step 1
Actual Ending Value (AEV) released.
Following the endorsement's end date, the Risk Management
Agency (RMA) will release the Actual Ending Value (AEV). This release typically occurs within 3 to 7 business days.
Step 2
Loss Notification - Once the AEV is released.
If a loss is triggered, the insured will be notified via a claim form, which will be sent by mail or
from the agent.
If no loss has occurred, a claim will not be generated.
Step 3
Collect Required Documentation
The producer must complete and sign the LRP Claim Form no later than 60 days after the end date.
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Required Loss Documentation:
For Sold Fed Cattle and Swine, or Feeder Cattle:
Proof of livestock Ownership:
» Documents verifying the sale of all covered livestock during the insurance period or no later than 60 days after the end date of the insurance period showing:
› You as the seller
› The purchaser
› The date sold
› The weight of the livestock sold
For Feeder Cattle only that have NOT been sold:
» Documents verifying ownership of your share of the livestock insured
» A signed “Certification of Unsold Covered Livestock” form
» If you sell some of the insured Feeder Cattle and retain the remaining, we will need all the
documentation described in both sections above.
Submit Claim Packet
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The signed claim form and all required supporting documents must be submitted within 60 calendar days from the date we provide you with the claim form.
​Available for:
Swine
1.50 to 2.25 lean cwt per head
(203 to 304 pounds live weight)
Feeder Cattle
Weight 1 - Under 600 lbs
Weight 2 - Over 600 lbs up to 1000 lbs
Fed Cattle
Steers and heifers: 1,000 to 1,600 pounds live weight.
*New* Dairy cull cows: 800 to 1,500 pounds live weight.
*NEW*
Unborn Bulls & Heifers
Less than 600 lbs
End date should be when cattle is nearing it's 600 weight.
Eligible to purchase another LRP after current LRP expires.
Unborn calves
60-99 lbs
Beef/Dairy crosses sold within 14 days.
Must be born before coverage period ends.
Key Information:
The price comes out in the afternoon usually between 2-3PM, and needs to be locked in by 8:25 the next morning.
You need to maintain ownership of your livestock at least 60 days prior to end date, and have sold them 60 days after end date.
New for 2026!
Forward Contracts or Purchase Agreements
You can now get coverage even if you don’t physically have the livestock yet, as long as you’ve signed a purchase or forward contract before your insurance starts.