Livestock Risk Protection (LRP) Evaluation
               
               
Workshop Attended        
Workshop Date        
Name          
Phone Number        
               
Step 1              
Goto www.rma.usda.gov/livestock  and click on the       
Coverage Prices, Rates and Actual Ending Values Link at the bottom of the page.
               
Choose LRP            
Enter the Date            
Enter your State            
Select Create Report            
               
From the report enter the following;        
               
Expected Ending Value        
Coverage Price        
Cost per CWT.        
               
Step 2 - LRP Lamb skip step 2          
Now go to www.beefbasis.com and select forecasting tools.    
Enter the information on the calves you intended to sale and the expected sale date.
Click Run to activate the model          
From the results enter the following;        
               
Expected Cash Price    
Confidence Interval for Expected Cash Price    
               
Step 3              
Based on this analysis will you consider purchasing LRP Insurance?
              yes or no
Step 4              
Press the Submit button at the bottom of the page