USDA’s Risk Management Agency (RMA) is changing its Livestock Risk Protection (LRP) insurance program for feeder cattle, fed cattle and swine. The agency says, for the 2021 crop year, the LRP premium subsidy is increasing by five percentage points for coverage levels exceeding 80 percent. Also, the number of head of livestock allowed to be covered is increasing. The head limits increase for feeder and fed cattle to 6,000 head per endorsement, 12,000 head annually.
