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Basis Considerations for LRP Insurance
The fourth lecture complements the topics discussed in Study Guide: Chapter Four.
Topics covered in the lecture include:
- How LRP basis differs from traditional futures basis;
- Why fed cattle and swine LRP basis are less variable than futures basis;
- Why feeder cattle LRP basis variability is similar to futures basis variability.
Important! USDA-RMA has revised the LRP policy. The 2008 LRP Policy Updates provides detailed information regarding LRP program changes for 2008.
- To view the videos, you will need the free RealPlayer software available from Real.com.
- To view the printed course materials and slides, you will need the Adobe Acrobat Reader
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