Livestock Insurance
Protecting Livestock Operations
Midwest Ag Professionals works with farmers, ranchers, and property owners across Kansas, Oklahoma, Nebraska, Colorado, Missouri, Arizona, Texas and Wyoming, providing insurance solutions and agricultural services designed to support the needs of each operation.
Protect your livestock operation from changing market conditions with livestock insurance solutions designed for producers across Kansas and surrounding states.
Midwest Ag Professionals specializes in Livestock Risk Protection (LRP) and Livestock Gross Margin (LGM) coverage for cattle producers, with additional livestock insurance options available.
Solutions Designed for Your Operation
Market Risk Protection
Livestock Risk Management
Cattle Operation Coverage
LIVESTOCK COVERAGE OPTIONS
Livestock Risk Protection (LRP)
Where livestock prices are headed is never guaranteed. Livestock Risk Protection (LRP) helps protect your operation against declining market prices by creating a price floor for your cattle or swine.
LRP works similarly to crop insurance and is subsidized by the USDA, helping producers manage risk while maintaining upside market potential.
Why Producers Use LRP
Protect against falling market prices
Help stabilize income during volatile markets
Create more confidence when planning ahead
Support lender and banker requirements
Maintain upside potential if markets improve
How It Works
You select a coverage level based on market pricing
Government pricing and coverage options are updated daily
Quotes are available for limited time windows
Coverage is tailored to projected weight and marketing timelines
At the end of the coverage period, a national livestock price index is released
If the index falls below your coverage price, you may receive a payment for the difference
LRP policies are continuous and renew annually, with flexible coverage periods that align with your marketing schedule.
Available For:
Fed Cattle
Feeder Cattle
Swine
We Work Around Your Schedule
Government LRP quotes are typically released in the afternoon and are only available until the following morning. Midwest Ag Professionals actively works these hours to help producers secure timely coverage options.
RMA Livestock Quoter
The RMA Livestock Quoter is the USDA Risk Management Agency's official tool for viewing current Livestock Risk Protection (LRP) coverage prices, rates, and actual ending values.
Use the quoter to review current pricing and market information as you evaluate your livestock risk management options.
Livestock Gross Margin (LGM)
LGM protects your profit margin, not just price. It accounts for both livestock value and feed costs.
How It Works
A target margin is established using market projections
At the end of the coverage period, actual margin is calculated
If the actual margin is lower than expected, you receive a payment
Key Advantages
Flexible Enrollment – coverage available multiple times throughout the year
Customizable – works for operations of different sizes
All-in-One Protection – covers both cattle price and feed costs
Livestock markets can shift quickly. Without protection in place, those changes can directly impact your bottom line.
LGM coverage helps producers manage margin risk, plan ahead with greater confidence, and protect profitability during changing market conditions.
