LRP Feeder Cattle Insurance provides revenue protection from a price decline during the policy coverage period. The protection from low prices is based on the Chicago Mercantile Exchange (CME) Feeder Cattle Reported Index and CME cattle futures.
The policy does not protect against other perils such as mortality, disease or any other cause of loss.
Additional information for the LRP Feeder Cattle program including policies, handbooks, FAQ, and specific coverage endorsements can be found here.