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Answering Common Questions About Livestock Risk Protection (LRP)

Livestock Risk Protection (LRP) allows cattle and swine producers to protect against declining market prices and ensure their peace of mind. In the event that prices fall, livestock are still covered and allow the producer to realize the upside on the cash market. Join Mike Fanning, Ph.D., PAS (Head of Livestock Insurance, FBN® Crop Insurance) and Roger Givens (FBN Crop Insurance Agent, Oklahoma) as they answer some common questions about LRP in this informative FBN webinar. Let FBN help find a smart, simple, and personalized plan for you. We use data to ensure you have the right insurance to fit your farm’s needs. So even if it's a second opinion, let's line up what you need from this critical risk-management tool. Call (877) 576-4468 to speak with an agent or visit FBN.com/insurance to learn more. READ MORE ON THE FBN BLOG: https://www.fbn.com/community/blog/li... Key Webinar Takeaways - What is LRP (00:27) How LRP differs between fed cattle and feeder cattle (01:32) How the application process works (02:25) Important applications deadlines to be aware of (03:19) Coverage periods (03:50) How an indemnity payment is calculated (04:47) What sets FBN’s coverage apart (05:47) Legal Disclosure: Copyright © 2014 - 2022 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, “Farmers Business Network” and “FBN” are trademarks or registered trademarks of Farmer's Business Network, Inc. We are an Equal Opportunity Provider. The purpose of the following material is to promote awareness of risk management concepts and to highlight risk management products, features, benefits and availability. This presentation does not provide full details of policy provisions or approved procedures. Producers should consult with a local agent for specific details and program requirements.