{"id":7621,"date":"2026-10-15T08:00:51","date_gmt":"2026-10-15T14:00:51","guid":{"rendered":"https:\/\/rightrisk.org\/news\/?p=7621"},"modified":"2026-09-18T19:21:20","modified_gmt":"2026-09-19T01:21:20","slug":"evaluating-lrp-coverage-via-rightrisk-analytics-10","status":"publish","type":"post","link":"https:\/\/rightrisk.org\/news\/2026\/10\/15\/evaluating-lrp-coverage-via-rightrisk-analytics-10\/","title":{"rendered":"Evaluating LRP Coverage via RightRisk Analytics"},"content":{"rendered":"<div id=\"attachment_001\" class=\"wp-caption alignleft\" style=\"width: 350px\"><a href=\"https:\/\/rightrisk.org\/news\/wp-content\/uploads\/2025\/01\/2025_01_02_RRPost.pdf\" rel=\"noopener noreferrer\" target=\"_blank\"><img decoding=\"async\" class=\"size-full wp-image-001\" title=\"RightRisk Post\" src=\"https:\/\/rightrisk.org\/news\/wp-content\/uploads\/2025\/01\/2025_01_02_RRPost_FCBK.png\" alt=\"Graphic of RightRisk Media Post\" width=\"388\" height=\"388\"><\/a><\/div>\n<p>#RightRisk #RiskInAg #AgRiskMgt<br \/>\n<strong><br \/>\nThe Risk Scenario Planning tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at: RightRisk.org\\Analytics.<br \/>\n<\/strong><br \/>\n<!--more--><\/p>\n<p><em><br \/>\nLIVESTOCK RISK PROTECTION (LRP)  insurance is designed to help manage livestock market price risk. The Risk Scenario Planning tool can, with a little creativity, be used to analyze expected net revenue under an LRP policy.    The resulting cumulative distribution graph provides the probability of earning a net return at or below any certain value. With this information in hand we can begin to answer questions like: \u201cHow effective is this coverage?\u201d or \u201cHow often would it pay?\u201d See the RSP Guide for this and other examples.<br \/>\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>#RightRisk #RiskInAg #AgRiskMgt The Risk Scenario Planning tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at: RightRisk.org\\Analytics.<\/p>\n","protected":false},"author":1,"featured_media":5347,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-7621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rightrisk-post"],"_links":{"self":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts\/7621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/comments?post=7621"}],"version-history":[{"count":1,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts\/7621\/revisions"}],"predecessor-version":[{"id":7622,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/posts\/7621\/revisions\/7622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/media\/5347"}],"wp:attachment":[{"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/media?parent=7621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/categories?post=7621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rightrisk.org\/news\/wp-json\/wp\/v2\/tags?post=7621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}