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