Livestock Gross Margin (LGM)-Dairy and Livestock Risk Protection (LRP) are livestock protection programs that help protect against declining market values.
The Livestock Risk Protection, Livestock Gross Margin, and Dairy Risk Protection training modules and exams have been updated for the 2023 crop year. Agents wishing to sell any of these products are required to complete three (3) hours of training annually and pass a competency exam every three (3) years. Through NAU Country’s eLearning courses, you can complete the required training whenever it is convenient for you.
If you were assigned a module in the 2022 livestock reinsurance year, you will receive an automated course registration email from QBELearn. If you are not yet registered, simply email email@example.com requesting to be registered for livestock eLearning training, and you will receive an email reply with a link to the learning page for all three (3) classes. You may take any of the classes from that same page. There is a minimum 24-hour waiting period from the time we process your request until you can begin your training, so please plan accordingly.
The 2023 Crop Year began on July 1, 2022. The Risk Management Agency (RMA) made changes to each of these programs for 2022, of which you were notified in early May. Please contact your underwriter or marketing representative if you have questions on any of these livestock products for 2023.
Livestock Gross Margin (LGM) – Dairy
Protect yourself from increasing feed costs and decreasing milk prices.
Livestock Revenue Protection (LRP) – Cattle and Swine
Protection against unexpected future declines in the market value of cattle and swine.