Ever.Ag
Ever.Ag - Livestock Risk Protection Insurance Services
FromEver.Ag
Livestock Risk Protection (LRP) is an insurance product under the Federal Crop Insurance umbrella designed to safeguard livestock producers from adverse market price movements. This insurance facilitates the setting of price floors, akin to put options, but with the benefit of subsidized premiums provided by the USDA. LRP is customizable with various coverage levels and periods to align with different operational needs. It allows the protection of market value for fat cattle, feeder cattle, and swine, with flexibility in end dates extending up to 52 weeks from the coverage purchase date. Skilled livestock professionals manage the coverage, providing expert guidance and ensuring that it meets specific requirements. LRP is available year-round, offering continuous protection against market fluctuations, making it an affordable and practical option for producers looking to mitigate financial risks associated with livestock pricing.