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The 2023 Appendix III to the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement (Appendix III) has been updated with approved modifications. Appendix III will be available tomorrow electronically via the Risk Management Agency (RMA) website at www.rma.usda.gov/policy-procedure/appendix-iiim-13-handbook-index under the Appendix III/M-13 directory.
Due to the continuing severe drought conditions impacting many parts of the nation, producers are struggling to find adequate supplies of feed or forage, causing them to market their livestock sooner than anticipated. In response, the United States Department of Agriculture has announced measures to assist producers affected by severe weather events including drought.
The Federal Crop Insurance Corporation’s Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP) plans of insurance, under section 508(h) of the Federal Crop Insurance Act, on August 25, 2021, November 19, 2021, and February 17, 2022. The following revisions are applicable for the 2023 and succeeding crop years:
The Federal Crop Insurance Corporation's Board of Directors (Board) approved revisions to the Dairy Revenue Protection (DRP) plan of insurance, under section 508(h) of the Federal Crop Insurance Act, on February 17, 2022. The following revisions are applicable for the 2023 and succeeding crop years:
The Federal Crop Insurance Corporation’s Board of Directors (Board) approved revisions to the Livestock Gross Margin (LGM) plans of insurance, under section 508(h) of the Federal Crop Insurance Act, on February 17, 2022. The following revisions are applicable for the 2023 and succeeding crop years:
As of April 07, 2022 the following information is now available on the FTP site:
Users can find this information in the following directories:
Additional notes and details regarding this data release:
The Risk Management Agency (RMA) has released the 2023 Standard Reinsurance Agreement (SRA) and Appendices I, II, and IV, and the 2023 Livestock Price Reinsurance Agreement (LPRA) and Appendices I, II, and IV, which become effective July 1, 2022. The documents are located on the RMA website at: www.rma.usda.gov/policy-procedure/reinsurance-agreements.
Due to severe drought conditions impacting many parts of the nation, producers are struggling to find adequate supplies of feed or forage, causing them to market their livestock sooner than anticipated. In response, the United States Department of Agriculture recently announced measures to assist producers affected by severe drought conditions.
