LUBBOCK, TX (RFD NEWS) — Livestock and dairy producers will see updates to several USDA insurance tools beginning with the 2027 crop year. USDA’s Risk Management Agency (RMA) says changes are coming to Livestock Risk Protection, Livestock Gross Margin, and Dairy Revenue Protection.
The updates include common policy changes across the three programs, including revised beginning farmer and rancher definitions, updated subsidy percentages, and permission for concurrent coverage between similar livestock programs. RMA says the changes are meant to expand options and improve consistency.
Livestock Risk Protection will add more flexibility for forage disaster exemptions, extend cull cow coverage to 52 weeks, and add new unborn feeder cattle types. LRP helps protect against declining livestock market prices.
Livestock Gross Margin changes raise insurable weight limits for cattle and update target feeder and live cattle weight rules. Dairy Revenue Protection will move its sales period end date to match other livestock insurance programs.
Producers should review the changes with a crop insurance agent before the 2027 crop year.