Topeka RO: USDA Announces Changes to Livestock Insurance Programs for 2026 and Subsequent Years
News Release
Dairy
Springfield RO: USDA Announces Changes to Livestock Insurance Programs for 2026 and Subsequent Years
News Release
Billings RO: USDA Announces Changes to Livestock Insurance Programs for 2026 and Subsequent Years
News Release
PM-25-028: Livestock Risk Protection, Livestock Gross Margin, and Dairy Revenue Protection - Modifications Effective for 2026 and Succeeding Crop Years
BACKGROUND:
The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), Dairy Revenue Protection (DRP) plans of insurance under section 508(h) of the Federal Crop Insurance Act. The following revisions are applicable for the 2026 and succeeding crop years:
LRP changes include:
COM-25-002: Updated Livestock Price Reinsurance Agreement Appendix IV $200,000 Indemnity Review Requirements for RY 2026
BACKGROUND:
Approved Insurance Providers (AIPs) are required to conduct reviews of eligible livestock price insurance contracts (ELPIC) on livestock plans of insurance (Livestock Gross Margin (LGM), Livestock Risk Protection (LRP), Dairy Revenue Protection (DRP), and Weaned Calf Risk Protection (WCRP)). These reviews (Data Mining, Individual Policy, Conflict of Interest, and $200,000 Indemnity ($200K)) are intended to address suspected anomalies, program integrity concerns, or to ensure that a company’s internal control processes are operational and effective.
Livestock Archive
Dairy Revenue Protection
- 2026 DRP Policy (26-DRP)
- 2026 DRP Insurance Standards Handbook
- 2025 DRP Policy (25-DRP)
PM-24-028: Livestock Risk Protection, Livestock Gross Margin, and Dairy Revenue Protection - Modifications Effective for 2025 and Succeeding Crop Years
Background
The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), Dairy Revenue Protection (DRP) plans of insurance under section 508(h) of the Federal Crop Insurance Act. The following revisions are applicable for the 2025 and succeeding crop years:
Livestock Risk Protection changes include:
PM-23-053: Dairy Revenue Protection Changes Effective for the 2024 and Succeeding Crop Years
Background
On August 17, 2023, under section 508(h) of the Federal Crop Insurance Act the Federal Crop Insurance Corporation Board of Directors approved revisions to the Dairy Revenue Protection (DRP) Commodity Exchange Endorsement (CEE) for the 2024 crop year for all endorsements that have an effective date on or after September 16, 2023, and for the 2025 and succeeding crop years. The changes include:
DRP CEE:
PM-23-022: Livestock Risk Protection, Livestock Gross Margin, and Dairy Revenue Protection - Modifications Effective for 2024 and Succeeding Crop Years
Background
The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP)-Fed Cattle plan of insurance under section 508(h) of the Federal Crop Insurance Act on February 17, 2023, and April 19, 2023. The FCIC Board also approved revisions to the Livestock Gross Margin (LGM) plans of insurance under section 508(h) of the Federal Crop Insurance Act on May 19, 2022, and April 19, 2023. Updates were also made to the Dairy Revenue Protection (DRP) program.