This white paper examines participation in the Livestock Risk Protection (LRP) Feeder Cattle insurance program in Kansas using the USDA Risk Management Agency Summary of Business data. The analysis describes patterns of LRP use over time, focusing on insured head, endorsement size, endorsement length, coverage level selections, premium subsidy allocations, and geographic distribution within the state. Results show that LRP-Feeder Cattle participation in Kansas has increased in recent years, with insured exposure concentrated among beef steers and heifers in the 600-1,000 pound weight range, and endorsements written at high coverage levels. While most endorsements insure relatively small numbers of animals and shorter coverage horizons, larger endorsements account for a substantial share of total insured head and premium subsidies. Using data on the Kansas calf crop and cattle inventories, the analysis presents approximate estimates of LRP market share, suggesting that LRP coverage represented a larger share of eligible feeder cattle in 2025 than in 2024.
Coffey et al. (Thu,) studied this question.