Feeder Cattle LRP

 A price floor on cattle you own, with end dates you pick to line up with when you

actually intend to sell. No minimum head count — it works for a load or for one pen.

The piece people miss: it settles against a national index, not against your local

sale barn. If your basis moves against you, the policy doesn't know about it. That

gap is manageable, but you should size the coverage knowing it exists.