Changes to several Risk Management Agency programs are set to begin with the 2027 crop year.
Livestock and dairy producers will see updates to several USDA insurance tools beginning with the 2027 crop year.
USDA’s Risk Management Agency (RMA) says changes are coming to Livestock Risk Protection, Livestock Gross Margin and Dairy Revenue Protection programs.
The updates include revised beginning farmer and rancher definitions, updated subsidy percentages, and expanded flexibility allowing concurrent coverage between similar livestock insurance programs.
RMA says the changes are intended to improve consistency across programs while expanding producer options.
Livestock Risk Protection will add more flexibility for forage disaster exemptions, extend cull cow coverage to 52 weeks and introduce new unborn feeder cattle types. The program is designed to help protect producers against declining livestock market prices.
Livestock Gross Margin updates include higher insurable weight limits for cattle along with revised target feeder and live cattle weight rules.
Meanwhile, Dairy Revenue Protection will shift its sales period end date to better align with other livestock insurance programs.
USDA encourages producers to review the upcoming changes with a crop insurance agent ahead of the 2027 crop year.
Source - https://www.rfdtv.com
