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Livestock Risk Protection – Feeder Cattle | StoneX

April 5, 2023 10:00 AM

The Livestock Risk Protection - Feeder Cattle insurance tool enables livestock operations to protect revenue from adverse changes in the price of feeder cattle, creating the opportunity to lock in profits. Run by the USDA’s Risk Management Agency, LRP is available through approved insurance agents in SA Stone. Several members of StoneX Financial Inc. – FCM Division, which focuses on livestock risk management, are registered with SA Stone to provide LRP to their clients.

Key details

  • Available in all 50 states throughout the year 
  • Producers can insure up to 12,000 head per endorsement/ limit 25,000 per crop year
  • Premium is subsidized between 35 and 50% depending on coverage level
  • Premium may be paid at the end of the endorsement period
  • Insurance periods ranging from 13 weeks to 52 weeks
  • Settled to CME national cash price index

Market expertise makes a difference

LRP differs from most insurance products in that it provides protection specifically against market price risk. This puts our price-risk management consultants in a unique position to:

  1. Help producers optimize LRP coverage to fit their operations and needs precisely
  2. Leverage LRP as part of a larger risk management strategy that can help producers protect revenue, lock in profits and perhaps even capture some upside

With rates and subsidy percentages the same across all agents, our decades of experience and access to deep market liquidity can make a decisive difference in making LRP – Feeder Cattle work for you.

StoneX Financial, Inc. - FCM Division

 +1 (312) 789-2602
 LRP@stonex.com

Insurance products are offered through SA Stone Wealth Management Inc. Member FINRA, SIPC.

“StoneX” is a trade name used by StoneX Group Inc. and its subsidiary companies globally. StoneX Group Inc. provides financial services worldwide through those subsidiaries in accordance with applicable law in the jurisdictions where services are provided. All references to and discussion of OTC products or swaps are made solely on behalf of StoneX Markets, LLC (“SXM”), a member of the National Futures Association (“NFA”) and provisionally registered with the U.S. Commodity Futures Trading Commission (“CFTC”) as a swap dealer. All references to exchange traded futures and options are made solely on behalf of the FCM Division of StoneX Financial Inc., a member of the NFA and registered with the CFTC as a futures commission merchant and commodity trading advisor. Insurance products offered through SA Stone Wealth Management Inc. member FINRA, SIPC. StoneX Financial Inc - FCM Division and SA Stone Wealth Management Inc are affiliated companies.

The trading of derivatives such as futures, options, and over-the-counter (OTC) products or “swaps” may not be suitable for all investors. Derivatives trading involves substantial risk of loss, and you should fully understand those risks prior to trading. © 2023 StoneX Group Inc. All Rights Reserved.