LUBBOCK, TX – Ranchers nationwide—especially in the South—are increasingly tapping the USDA’s Livestock Risk Protection (LRP) Program to guard against price volatility. Usage jumped from just 71,000 head insured in 2017 to 7.5 million head by July 2025. In 2024 alone, 6.2 million head were covered, up from 4.97 million in 2023—growth spurred in part by USDA updates to premium costs and deferred payment options.
The Steer Weight 2 category remains the most insured, totaling 42% of 2025 transactions. Fed Cattle Steers & Heifers and Heifer Weight 2 follow at 20% and 17%. Notably, the Unborn category has seen outsized growth this year—now accounting for 11% of all insured head, compared to a historical average of 6%.
In the Southern region, participation remains strong: Texas and Oklahoma accounted for 77% of insured head in 2025, though that’s down from 88% in 2024, signaling wider state adoption. LRP provides producers with a price floor, helping protect profitability amid narrow margins and high input costs.
To explore coverage options, livestock producers can visit USDA’s LRP Fact Sheet or consult approved agents listed on the USDA website.