Livestock Reports (LRP and LGM)
Provides LRP's coverage prices/rates and LGM's Expected and Actual Gross Margins. Actual LRP ending values are also provided at the end of each insurance period.
The Federal Crop Insurance Act limits the funds available to support livestock plans of insurance to $20 million in a fiscal year. RMA has allocated additional funding to the Livestock Gross Margin for Dairy Cattle (LGM-Dairy) plan of insurance for the December 26, 2014, sales period. However, depending on the participation in the December 26, 2014, sales period, capacity for LGM-Dairy may be exhausted for the remainder of the 2015 insurance year.