The Livestock Gross Margin (LGM) Cattle is a subsidized Federal Crop Insurance program available to anyone who owns and feeds cattle to finished weights. The goal of the program is to make a packaged risk management tool available to help manage the market risks associated with cattle on feed and protect minimum expected gross feeding margins.
Tune into learn more about the history and mechanics of the LGM from Davey Jones with AdDefense in our three-part educational series.

00:00 Introduction
00:10 Meet AgDefense
01:18 History of the Livestock Gross Margin
07:16 LGM Terminology
09:56 Why does it work?

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