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Home / FAQs / LPI settlements for Feeder and Calf are derived from steer data only, are heifers still insurable?

Frequently Asked Questions

LPI settlements for Feeder and Calf are derived from steer data only, are heifers still insurable?

January 19, 2021

Heifers can be insured under any of the cattle products-. However, coverage and settlement of the Feeder and Calf programs are based on average weekly steer prices. Indemnity is based on a comparison between the published steer settlement price and the producer’s chosen level of insured coverage. The difference determines if there was a decline in projected cattle prices from the time the producer purchased the policy.