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Document Type

Factsheet

Publisher

Utah State University Extension

Publication Date

2-29-2024

First Page

1

Last Page

3

Abstract

Livestock risk protection (LRP) insurance is a partially subsidized livestock insurance provided by the United States Department of Agriculture (USDA) Risk Management Agency (RMA) that provides protection to producers against unexpected price declines. This fact sheet presents commonly asked questions and answers surrounding livestock risk protection insurance. It outlines the purpose of the program and explains how producers can use LRP insurance to mitigate price risk.

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