Livestock Risk Protection
It’s time to think about marketing.
Perhaps you’ve dealt with put options in the past, maybe even have a broker saved in your contacts. But you hesitate because you didn’t get out at the right time last time and it cost you. Or you hate having to deal with the open market and the changes during business hours. Or maybe you don’t know exactly how you should be marketing. Is it the right move to protect your profits with this set, or just make sure your costs are covered?
We have some good news!
Livestock Risk Protection is the security of a put option or even a contract without the strings. You can sell high if the market is good, you haven’t limited the ceiling of possibilities! You can also set that safety net right where you need it so unexpected events don’t cost you all the progress you’ve made with your calf crop. And there is no worrying about what your cattle weigh come sale day because this product is based off the feeder cattle index. It doesn’t matter what your cattle bring personally, LRP is used to protect against a downturn in the market itself. Simplifying your life a bit and even saving you a little money with the subsidy provided.
Contact us for more details on how LRP can fit into your marketing strategy.
We’re happy to keep you aware of your LRP options daily upon the market’s close, about 4 pm (excluding holidays and weekends). The daily prices and date options are available to you via RMA here. If you need help navigating the website, just reach out to one of us and we’d be happy to walk you through it!
For immediate information, please contact our office at (580) 454-4367. For more information about Livestock Risk Protection or to sign up for our bi-weekly LRP Quote, complete the form below and an agent will be in touch.