Livestock
MGR-22-004: Suspension of Livestock Risk Protection Basic Provisions 60-Day Ownership Requirement Due to Severe Drought
Background
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.
PM-22-029: Livestock Risk Protection Changes Effective for the 2023 and Succeeding Crop Years
Background
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:
PM-22-030: Dairy Revenue Protection Changes Effective for the 2023 and Succeeding Crop Years
Background
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:
PM-22-028: Livestock Gross Margin Changes Effective for the 2023 and Succeeding Crop Years
Background
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:
Actuarial Release 22-017
As of April 07, 2022 the following information is now available on the FTP site:
- 2023 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
- 2023 Special Provisions for the 4/30 Filing Date.
Users can find this information in the following directories:
- 2023 Actuarial Data Master are in the References/Actuarial_Data_Master/2023 directory.
- 2023 Special Provisions are in the Special_Provisions/2023 directory.
Additional notes and details regarding this data release:
IS-22-001: 2023 Standard Reinsurance Agreement (SRA) and 2023 Livestock Price Reinsurance Agreement (LPRA)
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.