Livestock Risk Protection

LRP (Livestock Risk Protection) Insurance covers the risk of price declines for feeder cattle, fed cattle, and swine. It provides producers an indemnity if a regional or national cash price index falls below an insured coverage price. Similar to a put option, the LRP policy is price insurance only, providing single-peril price risk protection for the future sale of insured livestock.

NAU Livestock Risk Protection Brochure Cover_Page_1

Livestock Gross Margin

LGM (Livestock Gross Margin) Insurance offers protection against a decline in the feeding margin for cattle and swine. An indemnity is paid if the insured gross margin is greater than the total actual gross margin at the end of the insurance period.

Dairy Revenue Protection

DRP (Dairy Revenue Protection) is designed to insure against unexpected declines in the quarterly revenue from milk sales relative to a guaranteed coverage level. The expected revenue is based on futures prices for milk and dairy commodities, and the amount of covered milk production elected by the producer. The covered milk production is indexed to the state or region where the dairy producer is located.

 

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Mike Kurtz

Agent
Call | Text: 419-552-6455
Toll Free: 866-259-3666

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AgQuest Insurance Agency is an equal opportunity provider.

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