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  • The Federal Crop Insurance Act limits the funds available to support livestock plans of insurance to $20 million in a fiscal year. RMA has allocated additional funding to the Livestock Gross Margin for Dairy Cattle (LGM-Dairy) plan of insurance for the December 26, 2014, sales period. However, depending on the participation in the December 26, 2014, sales period, capacity for LGM-Dairy may be exhausted for the remainder of the 2015 insurance year.
  • Dairy producers enrolled in the FSA Margin Protection Program for Dairy (MPP-Dairy) are prohibited by law from participating in the LGM-Dairy program at the same time. The MPP-Dairy program is a one-time enrollment and once enrolled you will no longer be able to purchase LGM-Dairy until the MPP-Dairy program ends or is modified.
  • Sales of Livestock Risk Protection for Lamb (LRP-Lamb) are suspended until further notice. Refer to http://www.rma.usda.gov/fcic/2014/25lrplamb.pdf for details.
  • If offers are not available on the RMA website by 4:30 p.m. CST of the sales effective date, no offers will be made for LRP Fed Cattle, Feeders, and Swine.
 

 
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