Consider both sides
Cattle prices and input costs can move differently. Review the margin exposure in your cattle plan.
Livestock Gross Margin
Look beyond the
cattle sale price.
Livestock Gross Margin for cattle (LGM-Cattle) addresses the relationship between cattle market value, feeder cattle costs, and feed costs. Talk with MMM about coverage that fits your finishing operation.
Match your marketings
Discuss expected head counts, finishing periods, and eligible marketings with your agent.
Compare the cost
Review the deductible, producer premium, and payment schedule before choosing coverage.
What it means for your operation
A margin tool, not a guarantee of farm profit.
LGM-Cattle uses futures-based prices to calculate a policy-defined gross margin. It does not reimburse your actual feed bills or guarantee the profit on your cattle. MMM can help you understand how that calculation relates to your operation.
Insurance is subject to eligibility, availability, policy terms, and deadlines. Futures and options involve substantial risk.
USDA program details ↗Discuss LGM coverage.
Tell us about your operation and the decision you are weighing.
By submitting, you ask MMM to contact you about your request.
How is LGM different from LRP?
LRP focuses on a decline in livestock prices. LGM-Cattle considers cattle market value minus feeder cattle and feed costs under the policy’s calculation.
When is the premium due?
Discuss the payment schedule with your agent before buying coverage. LGM allows premium payment after coverage is purchased; the applicable policy determines the due date.