EPISODE · Mar 24, 2026 · 23 MIN
291: What Can LRP Do For You and How Does a Policy Actually Work in Today’s Market
from CattleUSA Daily · host Lauren Moylan | Cattle USA
Samantha and I are doing a Q&A today answering some of the most common questions she gets about LRP and how it actually works in today’s market. We run through everything from what it does, how coverage and premiums work, when it pays out, and how flexible it actually is depending on your operation. If you’ve ever been confused by LRP or just want a clearer understanding of how it fits into your marketing plan, this episode is going to walk through it in a really straightforward way.LinksCattleUSA Insurance - https://info.cattleusainsurance.com/l/1102253/2025-06-04/288f5mCattleUSA Website - https://www.cattleusa.com/Facebook - https://www.facebook.com/cattleusamediaInstagram - https://www.instagram.com/cattleusa.media/Subscribe to our newsletter - https://www.cattleusadrive.com/premiumCattleUSA Media - https://www.cattleusamedia.com/Lauren’s Instagram - https://www.instagram.com/_laurenmoylan/Lauren’s Youtube - https://www.youtube.com/@ShowboatmediacoThe Next Generation Podcast Website - https://www.thenextgenag.com/Key TakeawaysLRP protects the downside of the market without capping your upside potentialThere is no upfront cost, which helps from a cash flow standpointPolicies are flexible and allow you to sell cattle within a window—not a fixed dateCoverage is based on futures, but payouts are tied to national index valuesYou can insure a wide range of cattle, including unborn calvesLRP can be used as a consistent and repeatable risk management strategyChapters00:00 – Intro and why we’re doing an LRP Q&A01:30 – What LRP is and what it actually protects02:15 – Does LRP cap your upside and how payouts work03:45 – What policies settle off of and why it matters05:15 – Premiums, costs, and what determines pricing07:00 – Coverage levels and how to think about them08:45 – Weight ranges, cattle types, and insuring unborn calves10:30 – Selling flexibility and coverage windows12:15 – LRP vs futures and put options14:00 – Using LRP as part of your marketing plan16:00 – Final thoughts and how to get startedLRP, Livestock Risk Protection, cattle insurance, livestock insurance, feeder cattle insurance, fed cattle insurance, cattle market risk, risk management agriculture, cattle marketing strategy, ag risk management, cattle futures, CME feeder cattle index, live cattle futures, hedging cattle, put options vs LRP, cattle producers, ranching business, livestock marketing, cattle price protection, downside risk protection, ag finance, ranch management, insurance for cattle, feeder cattle prices, fed cattle prices
What this episode covers
Samantha and I are doing a Q&A today answering some of the most common questions she gets about LRP and how it actually works in today’s market. We run through everything from what it does, how coverage and premiums work, when it pays out, and how flexible it actually is depending on your operation. If you’ve ever been confused by LRP or just want a clearer understanding of how it fits into your marketing plan, this episode is going to walk through it in a really straightforward way.LinksCattleUSA Insurance - https://info.cattleusainsurance.com/l/1102253/2025-06-04/288f5mCattleUSA Website - https://www.cattleusa.com/Facebook - https://www.facebook.com/cattleusamediaInstagram - https://www.instagram.com/cattleusa.media/Subscribe to our newsletter - https://www.cattleusadrive.com/premiumCattleUSA Media - https://www.cattleusamedia.com/Lauren’s Instagram - https://www.instagram.com/_laurenmoylan/Lauren’s Youtube - https://www.youtube.com/@ShowboatmediacoThe Next Generation Podcast Website - https://www.thenextgenag.com/Key TakeawaysLRP protects the downside of the market without capping your upside potentialThere is no upfront cost, which helps from a cash flow standpointPolicies are flexible and allow you to sell cattle within a window—not a fixed dateCoverage is based on futures, but payouts are tied to national index valuesYou can insure a wide range of cattle, including unborn calvesLRP can be used as a consistent and repeatable risk management strategyChapters00:00 – Intro and why we’re doing an LRP Q&A01:30 – What LRP is and what it actually protects02:15 – Does LRP cap your upside and how payouts work03:45 – What policies settle off of and why it matters05:15 – Premiums, costs, and what determines pricing07:00 – Coverage levels and how to think about them08:45 – Weight ranges, cattle types, and insuring unborn calves10:30 – Selling flexibility and coverage windows12:15 – LRP vs futures and put options14:00 – Using LRP as part of your marketing plan16:00 – Final thoughts and how to get startedLRP, Livestock Risk Protection, cattle insurance, livestock insurance, feeder cattle insurance, fed cattle insurance, cattle market risk, risk management agriculture, cattle marketing strategy, ag risk management, cattle futures, CME feeder cattle index, live cattle futures, hedging cattle, put options vs LRP, cattle producers, ranching business, livestock marketing, cattle price protection, downside risk protection, ag finance, ranch management, insurance for cattle, feeder cattle prices, fed cattle prices
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291: What Can LRP Do For You and How Does a Policy Actually Work in Today’s Market
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