The U.S. Department of Agriculture’s (USDA) Risk Management Agency (RMA) approved changes to improve insurance coverage for American livestock producers. These updates will take effect for the Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), and Dairy Revenue Protection (DRP) insurance programs beginning with the 2026 crop year.
“These changes underscore RMA’s commitment to ensuring producers have the tools they need to manage risk effectively,” said James Bellmon, Director of the RMA Regional Office in Oklahoma City. “The inclusion of coverage for forward contracts, along with coverage for unborn calves and cull cows, were requested by stakeholders. Additionally, modifying the termination dates allows more time for Approved Insurance Providers to properly process claims and premiums.”
Livestock Risk Protection …