Posted 4/7/2021 21:36 (#8938941 - in reply to #8938851) Subject: RE: LRP Questions
“State of confusion”
Ya so example, I buy 200 head of 5 Weights today and they weigh from 700-850 in 120 days, the coverage I bought pays on what? The 700 or the 850s? I thought it just goes off the index. I don’t see why the ending weight matters if they are in the range of the index.
From what I understand you pick a ending date and it goes off the index. What happens if you sell them early and they are within the range or later than the date and within the range? Iirc you have to provide proof on the selling of said animal.
I’m gonna try a few hundred head just to figure out how it works, what if I decide to go ahead and feed them does it still work?