✉ admin@brawnerinsurance.com 📱 Kirksville: 660-665-1687 📱 Kahoka: 660-754-1000
LGM Insurance  ·  Iowa

Iowa LGM Insurance. Livestock Margin Protection.

From corn fields across central Iowa to soybean acres in the north, IA growers stack ECO on top of their MPCI for maximum federal crop insurance protection — Brawner Insurance helps Iowa cattle, swine, and dairy producers enroll in Livestock Gross Margin Insurance for federally subsidized protection against falling prices and rising feed costs.

★★★★★5.0 Rating
|
50+ Carriers
|
MO, KS, IA, IL
|
80+ Reviews
Margin ProtectionPrice + feed cost coverage
Independent AgencyWe shop 50+ carriers
4 States CoveredMO, KS, IA, IL
Local SupportTwo Missouri offices
Why It Matters in Iowa

Why Iowa Producers Choose LGM Insurance

Iowa is America's #1 corn producer with 23 million acres of cropland. ECO offers Iowa farmers the highest level of federal crop insurance protection available — extending coverage up to 90% or 95%, ideal for the high-yield, high-input corn and soybean operations that define Iowa agriculture.

As an independent agency, Brawner Insurance walks Iowa livestock producers through LGM enrollment — selecting the right coverage periods, deductibles, and marketing plans to match your operation production cycle and margin risk.

MPCI crop coverage
#1Iowa is America's top corn producer
44%federal premium subsidy on ECO
Bundledprice and feed cost risk in one policy

LGM is the most comprehensive livestock insurance for Iowa producers — covering both output price risk and input cost risk in one federally subsidized policy. Ideal for operations where feed costs are a major concern.

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Iowa producers — protect your margins.

Brawner Insurance helps Iowa cattle, swine, and dairy producers enroll in LGM Insurance for affordable margin protection.

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660-665-1687  ·  660-754-1000

Coverage Options

LGM Coverage Through Brawner

LGM Insurance protects livestock producers from market price drops and feed cost increases. Here is how it works for Iowa ranchers and producers.

Yield Protection

Margin Protection

LGM protects the gross margin (selling price minus feed costs) on cattle, swine, and dairy operations — covering both market price drops AND feed cost increases in one policy.

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Revenue Protection

Cattle & Swine Coverage

LGM covers fed cattle, feeder cattle, and swine operations — protecting livestock producers from the dual risk of falling output prices and rising feed input costs.

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RP-HPE coverage

Dairy Operations

LGM-Dairy is a separate program that protects dairy producers by covering the margin between milk prices and feed costs — providing critical protection in volatile dairy markets.

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Area Risk Protection

Bundled Risk Coverage

Unlike LRP which only covers price drops, LGM bundles multiple risks — output price risk, feed cost risk, and margin compression — into a single federally subsidized policy.

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Supplemental Coverage Option

Federal Subsidy Support

LGM premiums are subsidized 18-50% by USDA depending on deductible level — making margin protection affordable for cattle, swine, and dairy producers across the Midwest. Brawner helps you maximize subsidies.

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Every Operation Is Different

Build your policy.

We tailor MPCI coverage to your crops, location, and risk tolerance — every farm is unique.

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Your Options

LGM vs. LRP — Which Fits Your Operation?

Livestock Gross Margin and Livestock Risk Protection are both federal livestock programs but they work differently. Most operations benefit from one or the other.

Option 1

Livestock Gross Margin (LGM)

  • Protects the margin between livestock price and feed cost
  • Available for cattle, swine, and dairy
  • Federal subsidy covers 18-50% of premium
  • Sold monthly with 11 insurance periods
  • Settles based on Chicago Mercantile Exchange prices
  • Great fit for operations worried about feed costs

Best for: feedlot operators, hog producers, and dairy farms exposed to feed cost volatility.

Option 2

Livestock Risk Protection (LRP)

  • Protects against declining livestock market prices
  • Available for fed cattle, feeder cattle, swine, and lamb
  • Federal subsidy covers 35-55% of premium
  • Flexible coverage periods from 13 to 52 weeks
  • Settles based on published market price indexes
  • Simpler to use than LGM for price-only protection

Best for: producers mainly worried about livestock price drops rather than feed costs.

We will review your livestock operation, feed exposure, and marketing plan to recommend the right program.

Compare My Livestock Options →

Not sure which program is right for your livestock?

We will review your herd, feed costs, and marketing goals to recommend the right LGM or LRP coverage.

Get a Free Livestock Review →

660-665-1687  ·  660-754-1000

Key Moments

When to Review Your LGM Coverage

LGM sales happen in specific windows. Here are the moments to plan around.

Monthly Sales Windows

LGM is sold on the last business day of each month for the next 11 insurance periods. Plan your review before each sales window.

Feed Cost Spikes

Rising feed costs make LGM more valuable. If corn and soybean meal are climbing, it is time to review your margin protection.

Herd Expansion

Growing your herd means more exposure. Update LGM elections to cover the new head count.

Market Volatility

Sharp moves in cattle, hog, or milk futures create opportunities to lock in margins. Brawner keeps an eye on the market for you.

Planning Tip: LGM is sold on the last business day of each month — contact Brawner a week early to have time to model your options.

Our Process

How We Help You Protect Your Margin

1

Review Your Situation

We learn about your needs, current coverage, and priorities so we can recommend the right LGM policy.

2

Compare Carriers

We shop your LGM across top carriers to find competitive pricing and the right fit.

3

Explain Your Options

We walk through coverages, limits, and exclusions in plain language — no jargon.

4

Set Up and Support

We handle the binding, paperwork, and stay available year-round for claims and questions.

Featured Insights

Insurance Insights & Education

Practical guidance to help you make confident insurance decisions.

Video

Why Shopping Insurance Every Year Can Hurt Your Fire or EMS District

Learn why constantly switching providers can create risks and what to consider instead.

Watch on YouTube →
Video

Introducing the ResponderShield Desk Series — Real Insurance Conversations

Real conversations about coverage, risks, and solutions for clients across the Midwest.

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Looking for guidance specific to your needs?

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Getting Started

How LGM Works

1

Free Consultation

We start by understanding your situation, needs, and budget so we can recommend the right LGM policy for you.

2

Plan Comparison

We compare LGM policies from multiple top carriers, explaining coverages and costs in plain English.

3

Easy Enrollment

Once you choose a policy, we handle the paperwork and make sure everything is in force.

4

Year-Round Support

Brawner Insurance is here all year for claims, billing questions, and annual reviews — you have a real advocate.

Client Reviews

Trusted by Clients Across Missouri, Iowa, Kansas & Illinois

See why livestock producers across the Midwest trust Brawner Insurance for LGM coverage.

★★★★★
5.0
Based on 80+ Google Reviews
Daniel Goodman
★★★★★

"If you are shopping for peace of mind with insurance contact Caitlin Howe at Brawner. Not to mention correctly written policies, surprisingly good rates and excellent customer service."

Alyssa Baker
★★★★★

"Caitlin Howe at Brawner Insurance was very helpful, and made sure everything was done perfectly. She made the process stress and worry free. Best insurance agent hands down I have worked with."

Corey S
★★★★★

"Brawner recently quoted our district insurance. Jacob was professional and easy to work with. The Board of Directors chose VFIS through Brawner for the best and cost efficient coverage."

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Common Questions

LGM Insurance FAQ

What does LGM insurance cover?

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Livestock Gross Margin insurance protects the margin between your livestock selling price and feed costs. If margins fall below your insured level, the policy pays the difference. Brawner Insurance helps you elect the right level.

How much does LGM cost?

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LGM premiums depend on coverage level, livestock type, and market volatility at purchase time. Federal subsidies cover 18-50% of premium. Brawner Insurance runs the numbers for your specific operation.

When can I buy LGM?

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LGM is sold once per month on the last business day, with coverage available for 11 forward insurance periods. Brawner Insurance reaches out before each sales window.

What is the difference between LGM and LRP?

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LGM protects your margin between livestock price and feed cost. LRP protects against livestock price declines only. LGM is more comprehensive for margin-exposed operations. Brawner Insurance helps you choose.

Can I have LGM and LRP at the same time?

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You cannot have both LGM and LRP covering the same animals for the same period. Brawner Insurance helps you decide which program best fits each part of your operation.

Can Brawner Insurance help me find the right lgm insurance policy?

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Yes — as an independent insurance agency, Brawner Insurance shops your lgm insurance coverage across multiple top carriers to find the right protection at a competitive rate. We work with clients across Missouri, Iowa, Kansas, and Illinois.

Protect your margin from market swings.

Brawner Insurance helps livestock producers across the Midwest protect their margins with LGM — with unbiased advice from independent crop and livestock agents.

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660-665-1687  ·  660-754-1000

Visit Us

Our Office Locations

Kirksville, MO

2605 N. Baltimore St., Kirksville, MO 63501

660-665-1687

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Kahoka, MO

465 S. Johnson St., Kahoka, MO 63445

660-754-1000

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