Protecting Your Revenue
Livestock markets change fast and feed costs can be unpredictable, exposing your herd to potential revenue loss. When you need insurance for your livestock, a Farm Bureau agent and ag underwriter will get to know your operation and your goals before recommending customized coverage options for your operation.
Livestock Gross Margin
Livestock Gross Margin (LGM) is a type of livestock insurance that can help protect your operation against potential revenue loss caused by declining prices and increasing feed costs. It provides insurance coverage against the loss of gross margin for cattle, swine and dairy cattle.
Livestock Risk Protection
Livestock Risk Protection (LRP) is another livestock insurance option that can help safeguard your operation against declining cattle, swine and lamb market prices. It offers a variety of coverage levels and periods of insurance to correspond with general feeding, production and marketing practices.
Dairy Revenue Protection
As demand and prices fluctuate, you can keep your revenue stable with Dairy Revenue Protection (DRP). This coverage can help protect against unexpected declines in quarterly revenue from milk sales because of a decline in milk prices, milk production or a combination of both. Dairy producers can choose from one of two pricing options, which allows you to accurately reflect your own farm-level risk.