Buying a livestock insurance policy is one risk management option. Producers should always carefully consider how a policy will work in conjunction with their other risk management strategies to insure the best possible outcome.
To get a quote or purchase a policy, contact a crop insurance agent.
Livestock Gross Margin Plan
Provides protection against loss of gross margin (market value of livestock minus feed costs).
Livestock Risk Protection Plan
Provides protection against price declines.
Dairy Revenue Protection Plan
Dairy Revenue provides protection against a decline in revenue (yield and/or price) on the milk produced from dairy cows on a quarterly basis.
Weaned Calf Risk Protection
Provides protection for beef cow-calf producers in Colorado, Nebraska, South Dakota, and Texas against declines in weaning weights and loss of revenue.
Forage Insurance Plans
When raising livestock, it is also important to manage the risks associated with having enough feed for your animals. The available forage plans are designed to protect against losses to forage production.
- Annual Forage Plan
- Pasture, Rangeland, and Forage Plan