Gibson Insurance Group

The Risk Management Specialist

LRP PRICES

LRP PRICES FOR JUNE 7, 2023

SUBSIDIES ARE APPLIED IN PRICES SHOWN.

Steer 1 (Target Ending Weight 0-599):
13 Weeks: $264.05 @ $5.99/cwt
17 Weeks: $266.86 @ $6.71/cwt
21 Weeks: $267.70 @ $6.93/cwt
26 Weeks: $268.62 @ $7.86/cwt
30 Weeks: $268.44 @ $8.17/cwt

Steer 2 (Target Ending Weight 600-899):
13 Weeks: $240.04 @ $5.45/cwt
17 Weeks: $242.60 @ $6.10/cwt
21 Weeks: $243.36 @ $6.30/cwt
26 Weeks: $244.20 @ $7.14/cwt
30 Weeks: $244.04 @ $7.43/cwt

Heifer 1 (Target Ending Weight 0-599):
13 Weeks: $240.04 @ $5.45/cwt
17 Weeks: $242.60 @ $6.10/cwt
21 Weeks: $243.36 @ $6.30/cwt
26 Weeks: $244.20 @ $7.14/cwt
30 Weeks: $244.04 @ $7.43/cwt

Heifer 2 (Target Ending Weight 600-899):
13 Weeks: $216.04 @ $4.90/cwt
17 Weeks: $218.34 @ $5.49/cwt
21 Weeks: $219.03 @ $5.67/cwt
26 Weeks: $219.78 @ $6.43/cwt
30 Weeks: $219.64 @ $6.69/cwt

Fed Cattle (Target Ending Weight 900- 1400):
13 Weeks: $171.27 @ $3.43/cwt
17 Weeks: $172.66 @ $3.66/cwt
21 Weeks: $174.57 @ $4.63/cwt
26 Weeks: $175.50 @ $4.48/cwt
30 Weeks: $176.38 @ $4.72/cwt

Ending Dates:
13 Weeks: 9/6/2023
17 Weeks: 10/4/2023
21 Weeks: 11/1/2023
26 Weeks: 12/6/2023
30 Weeks: 1/3/2024

The above prices expire at 9am the following day.

FEEDER CATTLE INDEX
5/26/2023: $207.62
5/29/2023: $207.61
5/30/2023: $207.18
5/31/2023: $208.07
6/1/2023: $208.04
6/2/2023: $216.12
6/3/2023: $218.65
6/6/2023: $219.28

WEEKLY ENDING VALUE FOR FED CATTLE LRP

WEEK ENDING 5/15: $176.52

*5 Area Weekly Weighted Average Direct Slaughter Cattle 35-65% Choice

Prices are released by 5pm each day the market is open.
Prices expire at 9am the next morning when the market reopens.

IMPORTANT: Please contact us no later than 8:45am to place coverage.
Contact us at 660-433-6300 or contact your agent.

Premiums listed have subsidies applied. Premium is due first day of the month after your coverage ends.

Holidays where LRP Sales are unavailable:
6/19/2023 Juneteenth National Independence Day
7/4/2023 Independence Day
9/4/2023 Labor Day
10/9/2023 Columbus Day
11/10/2023 Veteran’s Day
11/23/2023 Thanksgiving Day
12/25/2023 Christmas Day
1/1/2024 New Year’s Day
1/15/2024 Martin Luther King Day
2/19/2024 President’s Day
3/29/2024 Good Friday
5/27/2024 Memorial Day

Thank you for your interest in US

Please contact us by completing the Contact Us form below or by calling: 800-411-3972 (Toll Free) or 660-433-6300.

Office Hours: Open 8am to 5pm Monday thru Friday.