Cattle
USDA Announces Implementation of Improvements to Livestock Risk Protection Insurance Program
RMA Revises Dates for the Pasture, Rangeland and Forage and Apiculture Insurance Programs
PM-21-021
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 November 20, 2020. The Board also approved revisions to the Livestock Gross Margin (LGM) plans of insurance, under section 508(h) of the Federal Crop Insurance Act, on June 23, 2020. The following revisions are applicable for the 2022 and succeeding crop years:
Dairy Revenue Protection changes include:
Actuarial 21-002
As of January 19, 2021 the following information is now available on the FTP site:
- 2021 Actuarial Data Master for the 4/30 Filing Date, YTD, and Daily Files.
- 2021 Special Provisions for the 4/30 Filing Date.
Users can find this information in the following directories:
- 2021 Actuarial Data Master are in the References/Actuarial_Data_Master/2021 directory.
- 2021 Special Provisions are in the Special_Provisions/2021 directory.
Additional notes and details regarding this data release:
PM-21-004
The Federal Crop Insurance Corporation's Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP) plan of insurance for Feeder Cattle, Fed Cattle, and Swine, under section 508(h) of the Federal Crop Insurance Act, on August 20, 2020. These modifications were previously announced in PM-20-064.
The following revisions are applicable for the 2021 and succeeding crop years effective beginning January 20, 2021:
PM-17-024
The Risk Management Agency (RMA) has revised the Livestock Risk Protection and Livestock Gross Margin-Cattle, Dairy, and Swine Basic Provisions to incorporate changes made in the 2014 Farm Bill Final Rule published in the Federal Register on June 30, 2016. Additionally, these Basic Provisions have been revised to incorporate changes previously made in the Ineligibility Amendment.
The new provisions are effective for the 2018 and succeeding crop years.