Livestock Risk Protection (LRP) Calculator
LRP can put a price floor under feeder cattle, fed cattle, swine, or lambs before you sell. Pick a coverage level and endorsement period, and see what it might cost to protect your herd.
How LRP Works
LRP is federally subsidized price insurance for livestock. You buy a Specific Coverage Endorsement (SCE) through a licensed crop insurance agent. It locks in a coverage price based on CME futures. If the market price falls below your floor at the end of the endorsement period, you may receive an indemnity payment for the difference.
Key facts:
- Available for fed cattle, feeder cattle, swine, and lambs
- Endorsement periods: 13 to 52 weeks
- Coverage levels: 70-100% of expected ending value
- Federal premium subsidy: approximately 13-50% depending on endorsement length
- Maximum: 12,000 head of cattle per crop year
- Available year-round, new endorsements most business days
- No paperwork at sale time if price stays above your floor
Example (cow-calf): A 200-head cow-calf operation selling 550-lb steers might see a coverage price around $170/cwt. Premium after subsidy could run $3-6/cwt, roughly $3,300-$6,600 to protect approximately $187,000 in calf revenue. If the actual ending value drops to $155/cwt, the indemnity could be around $16,500.
Example (swine): A 2,000-head swine operation marketing 280-lb market hogs might see a coverage price around $85/cwt. Premium after subsidy could run about $2-4/cwt, roughly $11,000-$22,000 to protect approximately $475,000 in hog revenue. If the actual ending value drops to $75/cwt, the indemnity could be around $55,000.
This calculator shows estimated premiums at different coverage levels. These are approximations: actual LRP rates change daily based on CME markets. Always get a current quote from a licensed livestock insurance agent.
For a complete guide to livestock insurance products (LRP, PRF, LGM-Cattle), see our Livestock Risk Management guide.
Livestock Risk Protection (LRP)
Price insurance for your cattle. See what it would cost to put a floor under your selling price, and what happens when markets drop.
What kind of operation do you run?
This narrows down which cattle types apply to you.
Counties with the Largest Cattle Inventories
LRP-Cattle matters most where inventories are biggest. These counties carry the largest head counts in the country — each page covers local USDA office info, current drought status, and the programs most relevant to that operation.
Source: 2022 Census of Agriculture. Updated 2026-05-01.
Premium estimates are approximate and for illustration only. Actual LRP rates change daily based on CME futures and options markets. This tool does not sell insurance or provide quotes. Always consult a licensed livestock insurance agent for current rates.