Livestock Indemnity program benefits available to Moore County producers
Mar 14, 2017, 09:14
Moore County USDA Farm Service Agency (FSA) Executive Director, Gary Thomas today announced that producers who suffered qualifying livestock losses due to recent wildfires could be eligible for the Livestock Indemnity Program (LIP).
"LIP provides livestock producers with a vital safety net to help them overcome the damaging financial impact of natural disasters," said Thomas.
LIP compensates livestock owners and contract growers for livestock death losses in excess of normal mortality due to an eligible adverse weather event, including losses due to wildfires, hurricanes, floods, blizzards, disease, extreme heat and extreme cold.
“A notice of loss must be filed with FSA within 30 days of when the loss of livestock is apparent," said Thomas. “Livestock that die within 60 days of the date of the eligible loss condition may be considered eligible for loss benefits if the animal died because of the eligible loss condition. Producers must also file an application for payment no later than 90 days after the calendar year in which the eligible loss condition occurred.”
The LIP national payment rate for eligible livestock owners is based on 75 percent of the average fair market value of the livestock.
“When livestock losses become apparent and producers work to dispose of deceased animals, it’s particularly important to document these losses prior to or during the disposal process,” said Thomas.
Producers are encouraged to bring supporting evidence, including documentation of the number and kind of livestock that died, supplemented if possible by photographs or video records to document the loss, purchase records, veterinarian records, production records and other similar documents.
Because FSA anticipates high disaster assistance program participation, Thomas encourages farmers and ranchers to contact the Moore County FSA Office at 806-935-4300 to schedule an appointment to submit a notice of loss and application for payment.
For more information on LIP, please visit FSA online at http://www.fsa.usda.gov.
The Farm Service Agency is rural America’s engine for economic growth, job creation and development, offering local, personal service to millions of rural producers. In 2016, FSA invested $22 billion in agricultural infrastructure, supporting nearly 225,000 jobs nationwide. This included 40,000 direct and guaranteed operating loans; along with critical support for hundreds of thousands of producers experiencing livestock and forage losses caused by floods, drought and other disasters. FSA provides financial protection to half the nation’s dairies, safe storage to producers, inspects over 3,000 licensed public warehouses, provides food assistance valued at $667 million and partners with states and organizations to support production of American-made renewable fuel. Additionally, through the Conservation Reserve Program, the agency encourages conservation of sensitive lands and works with nonprofit agencies to enhance wildlife through habitat improvement.