The U.S. Department of Agriculture has updated three key crop insurance options for livestock producers: the Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM), and Livestock Risk Protection (LRP). USDA’s…
LRP
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The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) on Tuesday announced further changes to its Livestock Risk Protection (LRP) insurance plan. The changes took effect on January 20 for crop…
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Laketown, Utah – USDA recently announced significant improvements to the Livestock Risk Protection Insurance Plan (LRP), a program that allows cattle producers to insure against unexpected price declines. LRP allows…