Since inception, more than 20 years ago, LRP-Feeder Cattle offered coverage for steers, heifers, predominantly dairy feeder cattle, and predominantly Brahman feeder cattle. Heavy steers with target weight 600-1000 lbs…
LRP Basic Provisions for RY2026 substantively modified the definition of "Sold": RY 2025 definition: Sold - Livestock transferred to another person through a valid bill of sale or auction. Livestock…
RY2026 basic provisions for LRP, DRP and LGM introduce strong protections against subsidy capture. Producers and agents have asked me on numerous occasions what is not subsidy capture, i.e. what…
Question: Can dairy-on-dairy bull calves be covered under Unborn Calves type? Answer: No. LRP Feeder Cattle SCE specifies: (8) Unborn calves; with target weight of 0.6 - 0.99 cwt, forcalves…
June 10, 2025 - Correspondence with an AIP representative LRP Basic Provisions for RY2026 introduce a new Section 25 - Subsidy Capture. This section enumerates trading practices that will be…
June 10, 2025 - Correspondence with an AIP representative Starting with RY2026, insureds will be able to purchase LRP coverage for livestock they have committed to purchase under a livestock…
June 10, 2025 - Correspondence with an agent In LRP Basic Provisions, Sec. 25(a)(1)(i) reads: (i) The put option expiration date is within 4calendar days of the SCE end date;…