There’s no telling what tomorrow’s market may bring. LRP protects your operation against today’s volatile market.
LRP is a USDA-administered insurance program that protects your operation against unexpected national market price drops.
There are many risks that can cause sudden price drops. Producers who fail to insure their livestock against price drops risk losing their profit, and may even be unable to continue farming.
LRP sets a price floor that protects you against sudden price drops when you’re ready to take your herd to market. You’ll still benefit from higher prices if the end value is above your insured cost.
Your operation has unique needs. Unlike other risk management solutions, LRP is flexible, so you can tailor a plan that best fits your operation.
Stockguard makes managing risks simple, transparent, and affordable with our easy-to-use portal.
When you create a free account, you’ll be able to track and manage market positions in real time, request a quote, or order LRP.