New Crop Year For Livestock Programs, FSA Nominations & DCP Signup Continues

New Crop Year For Livestock Programs, FSA Nominations & DCP Signup Continues

New Crop Year For Livestock Programs, FSA Nominations & DCP Signup Continues

I’m Lacy Gray with Washington Ag Today.

The Risk Management Agency’s Spokane Regional Office would like to remind Pacific Northwest livestock producers of the livestock risk management programs available in all counties in Washington, Oregon, and Idaho. Sales for the Livestock Risk Protection program for Fed Cattle, Feeder Cattle, Lamb and Swine and the Livestock Gross Margin program for Swine for the 2014 crop year began July1st and continues through June 30, 2014. Risk Management Specialist, Jo Lynne Seufer, explains what the new crop year means for producers.

SEUFER: What the new crop year means is that producers that have participated in this last crop year will get to start all over with their allocation and limitations on how many fed cattle, feeder cattle, lamb or swine that they insured last year.

Seufer says primarily the numbers are so high that producers generally don’t reach that.

SEUFER: Because it is a limit of about two thousand head under the cattle and even more so under the lambs, which is around twenty-five thousand.

LRP coverage protects policyholders from downward price risk during the insurance period. For more information contact your local livestock insurance agent.

The Farm Service Agency says sign-up for the Direct and Counter-Cyclical Payment Program is still open, however producers must sign up for DCP before the August 2 deadline. FSA reports 2013 DCP program provisions are unchanged from 2012.

FSA is looking for candidates for the upcoming grower-elected county committee election. Nominations will be accepted through August 1st. All interested agricultural producers, including women and minority growers, are encouraged to seek nomination. For additional information contact your local Farm Service Agency office.

 

I’m Lacy Gray and that’s Washington Ag Today on the Ag Information Network. 

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