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LRP Questions
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Posted 4/7/2021 15:06 (#8938262 - in reply to #8938043)
Subject: RE: LRP Questions

Your settlement price would be based off of the 7 day feeder cattle index, which is based on cash, but not directly off of your sale receipt of your animals. Yesterday's 7 day index price was $139.98. You also take the coverage cost and multiply by .65 to get your final price.......posted prices do not have 35% subsidy calculated in.

Edited by HogFarmer34 4/7/2021 15:14
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