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LIVESTOCK GROSS MARGIN FOR SWINE (LGM Swine) INSURANCE HANDBOOK 2008 and Succeeding Crop Years Handbook Number: 20060 LGM for Swine Insurance Handbook Page 1 Livestock Gross Margin for Swine Plan
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LGM-Swine stands for Livestock Gross Margin for Swine and it is an insurance program offered by the United States Department of Agriculture (USDA) to provide protection to swine producers against the loss of gross margin.
Swine producers who want to participate in the LGM-Swine program are required to file the necessary forms and paperwork.
To fill out the LGM-Swine program, swine producers need to complete the application forms provided by the USDA. They will need to provide information about their operations, such as the number of swine they have and their expected gross margin.
The purpose of the LGM-Swine program is to provide an insurance product that helps swine producers manage their risk and protect their gross margins against market fluctuations and other unforeseen events.
Swine producers must report information about their operations, including the number of swine, expected gross margin, and other relevant financial and operational details.
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