The United States Department of Agriculture offers several programs to crop and livestock producers to help manage risk. A program often discussed is Livestock Risk Protection Insurance (LRP). LRP is a price insurance that livestock producers can use to protect the price of a future sale of animals. Another program available to livestock producers that has just been expanded to all 48 contiguous states is the Rainfall Index (RI) Insurance Plan for Pasture, Rangeland and Forage (PRF)....
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