Sign-ups still underway for several FSA programs
Jan. 18: FSA Office closed for Martin Luther King Day
•Jan. 29: 2015 LIP sign-up deadline; CRP “Early Out” request deadline
•Feb. 1: 2015 Wool Loan and LDP request deadline; 2014 and 2015 ARC-CO Payment recalculation request deadline; 2016 NAP Maple Sap sales deadline
•Feb. 15: FSA Office closed for Presidents Day
•Feb. 26: CRP General sign-up deadline
•Ongoing: Continuous CRP sign-up
Livestock Indemnity Program (LIP)
The Livestock Indemnity Program (LIP) is now a permanent program providing benefits for livestock deaths in excess of normal mortality, caused by adverse weather, or attacks by animals reintroduced into the wild by the federal government or protected by federal law, including wolves and avian predators. LIP payment rates are based on 75 percent of the fair market value of the livestock on the day before the date of death.
Eligible livestock include commercial buffalo, beef and dairy cattle, equine, goats, poultry, sheep and swine. Eligible adverse weather events include extreme heat, lightning, tornados and floods, as well as extreme cold, winter storms and blizzards.
Selected normal mortality rates are 1.5 percent for adult cattle, 5 percent for calves, 3 percent for adult swine, 4 percent for feeder pigs, 4 percent for adult sheep and 10.7 percent for lambs.
To be eligible for LIP, a producer must have legally owned the livestock on the day the animal died. The only contract growers that are eligible for LIP are those that raise poultry and swine, provided they had possession and control of the livestock, as well as a written agreement on the day the livestock died. In both cases, the livestock must have died no later than 60 calendar days from the ending date of the applicable adverse weather event.