LRP: Livestock, Risk Protection
Livestock Risk Protection (LRP) provides your business with protection against declining livestock prices for fed cattle, feeder cattle, and swine. LRP is available year-round for ranchers who have an ownership share in eligible livestock. BENEFITS OF LRP Guaranteed price — no bid/ask spread Limited basis risk coverage — the aggregate cash price used better reflects the actual price received Any number of head can be covered, up to policy limits Numerous endorsement period options — producers can select the period that best fits their risk management plan Wider range of target weights than CME LRP is an insurance policy — it may be viewed more favorably by lenders than hedging or speculating with derivative products
Frequently asked questions
What does livestock risk protection from Edgewater cover?
Livestock Risk Protection (LRP) provides your business with protection against declining livestock prices for fed cattle, feeder cattle, and swine. LRP is available year-round for ranchers who have an ownership share in eligible livestock.
How do I get a livestock risk protection quote in Nebraska or Kansas?
Request a quote online and choose the Edgewater office closest to you, or call any of our 15 offices. An independent agent compares options from multiple carriers and confirms the details with you before anything is bound.
Which Edgewater office handles livestock risk protection?
Every Edgewater office can write livestock risk protection. Pick the one nearest you, from Omaha and Blair in the east to Benkelman and Ogallala in the west, plus Grainfield and WaKeeney in Kansas, and an agent there will take it from the first call to the policy.
Coverage descriptions are general. Your policy's terms, conditions and exclusions control; an Edgewater agent will walk you through them before you buy.