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FSA is adjusting to fit the situation facing livestock producers
Story Date: 8/3/2022
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Source: USDA, 8/2/22
To better capture current market values and the investments
producers have in the livestock they raise, USDA’s Farm Service Agency recently
announced increased Livestock Indemnity Program (LIP) disaster assistance
payment rates for beef, beefalo, bison and dairy animals less than 250 pounds.
These now-updated payment rates are reflective of the substantial increased
cost of these non-adult livestock in 2022.
Learn more about the increased LIP payment rates.
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