June 10, 2008

USDA announces deadline for livestock insurance programme sign-ups

Livestock producers have until July 18 to enroll in the 2005-2007 Livestock Compensation Program and Livestock Indemnity Program, according to Vivian Soffa, executive director for Monterey, Santa Cruz, San Mateo County U.S. Department of Agriculture's Farm Service Agency.

Sign-ups began on Sept. 10, 2007, for the two programs that provide aid to livestock producers who suffered eligible livestock or livestock feed losses between Jan. 1, 2005, and Dec. 30, 2007, because of a natural disaster.

"The deadline to enroll in the 2005-2007 Livestock Compensation Program and Livestock Indemnity Program is rapidly approaching," Soffa said. "I encourage all eligible producers to enroll soon because sign-up ends on July 18, 2008."

The LIP provides payments to eligible livestock owners and contract growers who incurred the death of livestock due to natural disasters. The LCP provides payments to livestock owners and cash lessees who suffered feed losses or increased feed costs because of a natural disaster.