Lawmakers are pushing to modernize the Livestock Indemnity Program as part of a new Farm Bill

Congress has had a full agenda since the session began.

Getting a new Farm Bill across the finish line is top priority for South Dakota Senator Mike Rounds, with support for livestock producers.

“We’d like to throw some amendments in there that we think would improve things for a lot of our folks back in the Upper Midwest. Number one is that the Livestock Indemnity Program, the Lip program, does not get updated the way that it should. And so, what we’re trying to set in, and we’ve got a proposal. It’s a simple one. It simply says these payment rates should be based on a quarterly update so that we don’t have our farmers and ranchers getting old data in terms of what the value of their livestock is in the case of a loss.”

Livestock is big business in Oklahoma, and the Farm Bill is a top priority for producers there. Ag Secretary Brooke Rollins has been on a tour of farm country over the last week and made a stop in the Sooner State. Farm groups told Rollins the Administration has their support, but they have concerns about the financial impact of the current trade policy moving forward.

“There’s a lot of concern about surviving the short-term until getting to that long-term, and so we had some discussions along those lines of how to make it over those hurdles and how we can help crop farmers in particular, and talk about trying to get the price levels addressed, possibly in a reconciliation bill instead of waiting for the Farm Bill,” said Rodd Moesel.

Moesel says his big focus in the new Farm Bill is reference prices, saying they have been left untouched for too long.

Related Stories
Kansas Congressman Derek Schmidt joins us to discuss House passage of the Farm Bill, its potential impact on farm profitability and stability, key policy compromises, and the outlook for Senate consideration.
The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
According to a tweet from Rep. Anna Paulina Luna, the full House vote on the Farm Bill will be held until lawmakers return from recess.
The House is moving forward with debate on the Farm Bill after a lengthy session in the House Rules Committee cleared the legislation for floor consideration.
House lawmakers push toward a Farm Bill vote as debate grows over E15, Prop 12, and input costs, with farmers seeking certainty and policy updates.
Discussions focused on rising costs and the future of farm policy.

LATEST STORIES BY THIS AUTHOR:

Patrick Gottsch, founder and chairman of RFD-TV, testified before the U.S. House Judiciary Committee in May 2014. Read his full testimony: “Competition in the Video and Broadband Markets: the Proposed Merger of Comcast and Time Warner Cable.”
Dr. Harry Anderson will discuss and highlight Total Feeds and the different brands they offer on the market today.
Cabela’s Senior Wildlife Biologist, Rans Thomas, will discuss improving general wildlife and land management techniques on your property with the assistance of Cabela’s products and expertise.
Join a group of John Deere Product experts as they discuss how the all-new 4M and 4R Series Compact Utility Tractors are changing the game with superior technology.