IN Generic Steers

The 2018 Farm Bill authorized the Livestock Indemnity Program (LIP) to provide benefits to qualifying producers for livestock deaths in excess of normal mortality caused by eligible loss conditions, including extreme cold. LIP payment rates are based on 75% of the market value of the livestock as determined by the U.S. Secretary of Agriculture. LIP also provides assistance to producers who must sell livestock at a reduced price because of an injury from an eligible loss condition.

In order to qualify for LIP payments, livestock owners must file a notice of loss within 30 calendar days of when the loss first became apparent. It is critical producers take time- and date-stamped photos and/or videos of any livestock losses to meet the proper documentation requirements. It also is highly advised to record livestock losses in personal records. Contact the local Farm Service Agency office for more information.