# Is LRP Affecting the Cattle Market?

> Livestock Risk Protection (LRP) insurance has been used more by cattle and hog producers since the program was overhauled in 2019. The article ties producers' use of LRP to the price swings in cattle during the fourth quarter of 2023. It describes LRP as a tool to limit losses from price declines.

- Date: 2024-02-01 · published 2024-02-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31819-is-lrp-affecting-the-cattle-market
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Heavier LRP coverage can change how much cattle producers sell or hold, which can affect short-term cattle supply and price swings. The effect on prices is limited and the article is mainly explanatory.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2024/02/01/lrp-affecting-cattle-market

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.