Livestock Risk Protection (LRP) Insurance | Farm Management Minute

University of Missouri Extension Farm Management Minute

Jan 23 2023 • 59 seconds

Through livestock risk protection (LRP) insurance, farmers engaged in livestock production can manage risk associated with market price volatility. Jason Morris, agriculture business specialist, with this University of Missouri explains, the advantages of obtaining an LRP insurance are many and provides protection against low market prices. LRP insurance covers beef, feeder cattle, swine and lambs.

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