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

Iowa LRP Insurance. Livestock Price 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 lamb producers enroll in Livestock Risk Protection for affordable, federally subsidized price floor coverage.

★★★★★5.0 Rating
|
50+ Carriers
|
MO, KS, IA, IL
|
80+ Reviews
Price ProtectionFor cattle, swine & lamb producers
Independent AgencyWe shop 50+ carriers
4 States CoveredMO, KS, IA, IL
Local SupportTwo Missouri offices
Why It Matters in Iowa

Why Iowa Producers Choose LRP 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 LRP enrollment — selecting the right coverage periods, coverage prices, and species options to match your operation marketing plans and price risk tolerance.

MPCI crop coverage
#1Iowa is America's top corn producer
44%federal premium subsidy on ECO
No Minimumheadcount requirement for LRP coverage

LRP is the most accessible price protection tool for Iowa livestock producers. With no minimum headcount, federal subsidies, and flexible coverage periods, it gives ranchers a reliable price floor without futures market complexity.

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Iowa producers — protect your livestock prices.

Brawner Insurance helps Iowa cattle, swine, and lamb producers enroll in LRP Insurance for affordable price protection.

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660-665-1687  ·  660-754-1000

Coverage Options

LRP Coverage Through Brawner

LRP Insurance protects livestock producers from market price drops. Here is how it works for Iowa ranchers and producers.

Yield Protection

Cattle Price Protection

LRP protects cattle producers when market prices drop below the coverage price you select — covering feeder cattle, fed cattle, and other livestock against unexpected price declines.

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Revenue Protection

Swine & Lamb Coverage

LRP also covers hogs and lambs — protecting swine producers and sheep operations from market price drops with the same federally subsidized policy structure.

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RP-HPE coverage

Flexible Coverage Periods

LRP offers coverage periods from 13 to 52 weeks — letting livestock producers match coverage to their marketing plans and production cycles for maximum flexibility.

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Area Risk Protection

No Minimum Headcount

Unlike futures market hedging, LRP has no minimum headcount requirement. Small operations can protect just a few animals — making LRP accessible for ranchers of every size.

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Supplemental Coverage Option

Federal Subsidy Support

LRP premiums are subsidized 35-55% by USDA depending on coverage level — making market price protection affordable for livestock 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

LRP vs. LGM — Which Fits Your Operation?

Livestock Risk Protection and Livestock Gross Margin protect livestock operations differently. Here is how they compare.

Option 1

Livestock Risk Protection (LRP)

  • Protects against livestock price declines
  • Available for fed cattle, feeder cattle, swine, lamb
  • Federal subsidy covers 35-55% of premium
  • Coverage periods from 13 to 52 weeks
  • Sold daily when markets are open
  • Simple price-only protection for livestock

Best for: cattle, swine, and lamb producers worried mainly about price declines.

Option 2

Livestock Gross Margin (LGM)

  • Protects the margin between price and feed cost
  • Available for cattle, swine, and dairy
  • Federal subsidy covers 18-50% of premium
  • Sold once per month on the last business day
  • Built for margin-exposed operations
  • More complex but more comprehensive than LRP

Best for: feedlot, hog, and dairy operations exposed to both price and feed cost risk.

We will compare LRP and LGM side by side for your operation and recommend the right fit.

Compare My Livestock Options →

Not sure which program is right for your livestock?

We will review your herd, marketing goals, and price exposure to recommend the right LRP coverage.

Get a Free Livestock Review →

660-665-1687  ·  660-754-1000

Key Moments

When to Review Your LRP Coverage

LRP is sold daily when markets are open. Here are the moments to plan around.

Before Marketing Windows

LRP should be elected before your planned marketing date to lock in protection against price drops during the risk window.

Market Volatility

Sharp moves in cattle or hog futures create chances to lock in attractive floors. Brawner watches the market with you.

Herd Expansion

Adding head means more price exposure. Review LRP elections whenever your herd grows.

Weaning and Backgrounding

Each stage of cattle production has different price risks. LRP can be elected at the right moment for each phase.

Planning Tip: LRP is sold daily when markets are open. Brawner can model coverage the same day you want to act — reach out early in the week.

Our Process

How We Help You Protect Your Prices

1

Review Your Situation

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

2

Compare Carriers

We shop your LRP 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 LRP Works

1

Free Consultation

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

2

Plan Comparison

We compare LRP 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 LRP 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

LRP Insurance FAQ

What does LRP insurance cover?

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Livestock Risk Protection insures against declines in livestock market prices over a chosen coverage period. If the final market price falls below your coverage level, LRP pays the difference. Brawner Insurance helps you elect the right level.

How much does LRP cost?

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LRP premiums depend on coverage level, period, livestock type, and market volatility at purchase. Federal subsidies cover 35-55% of the cost. Brawner Insurance runs the numbers for your specific operation.

When can I buy LRP?

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LRP is sold daily when markets are open, with coverage periods from 13 to 52 weeks. Brawner Insurance watches the market with you and helps you time elections.

What is the difference between LRP and LGM?

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LRP protects livestock prices only. LGM protects the margin between livestock price and feed costs. LRP is simpler; LGM is more comprehensive. Brawner Insurance helps you choose the right fit.

Can LRP be combined with futures and options?

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Yes — many producers use LRP alongside futures and options as part of a broader marketing plan. Brawner Insurance coordinates your crop insurance with your overall risk management strategy.

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

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Yes — as an independent insurance agency, Brawner Insurance shops your lrp 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 livestock prices from market drops.

Brawner Insurance helps livestock producers across the Midwest protect their prices with LRP — with unbiased advice from independent agents.

Get a Free Quote →

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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