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Livestock Insurance

Livestock Insurance

Livestock insurance is a necessary part of any operation. Protect your livestock from possible risk using livestock insurance offered through FCS Financial. We offer coverage at different levels to provide you with the best solution for your livestock operation. Contact us for help evaluating the best coverage level for your operation.

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Livestock Risk Protection Insurance (LRP)

Cattle and swine producers can participate in the livestock risk protection (LRP) insurance programs offered by the U.S. Department of Agriculture Risk Management Agency. The programs are designed to insure against declining market prices for swine, feeder cattle, lambs and fed cattle.

You may purchase insurance at a variety of coverage levels and for different insurance periods to correspond with the time the livestock would be marketed. LRP can be purchased for livestock in Missouri and select states throughout the year from approved insurance agents.

Livestock Gross Margin (LGM)

Livestock gross margin (LGM) is available for cattle, swine and dairy producers to protect gross margin for livestock in Missouri and select states.

LGM provides protection against loss of gross margin (market value of livestock minus feed costs) on cattle for cattle housed in Missouri and select states.

LGM for hogs provides protection of the gross margin between the value of insured hogs and the cost of corn and soybean meal. LGM covers a decline in hog prices and/or an increase in feed cost.

LGM for dairy cattle provides protection against loss of gross margin (market value of milk minus feed costs) on the milk produced from dairy cows.

Locate your nearest FCS Financial risk management specialist for more information on LRP and LGM.

FCS Financial is an equal opportunity provider.