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Home arrow Business/Farm arrow Deadline nears for LCP and LIP signup for past feed losses

Deadline nears for LCP and LIP signup for past feed losses PDF Print E-mail
Written by Free Press   
Wednesday, 02 July 2008
 

The USDA Kansas Farm Service Agency announced last week that eligible livestock producers only have until July 18 to apply for benefits under the Livestock Compensation Program and Livestock Indem­nity Program.

LCP provides benefits to livestock producers for feed losses occurring between Jan.1, 2005, and Dec. 31, 2007, because of a natural disaster. Livestock must have been physically located in the disaster county on the first day of the disaster declaration to be eligible.

Livestock producers must apply in the county where the livestock were physically located on the first day of the disaster.

LIP compensates livestock producers for livestock losses between Jan. 1, 2005, and Dec. 31, 2007, that resulted from natural disasters, including losses due to blizzards that started in 2006 and continued into January 2007.

Livestock producers must apply for LIP in their FSA administrative county office where their farm records are maintained.

For LIP and LCP, producers incurring a loss in more than one of the 2005, 2006 or 2007 qualifying years will only earn benefits in one of those years.

For additional information, contact your local FSA county office in the USDA Service Center before the July 18 deadline.

Interested producers can also access LCP, LIP and other program fact sheets on FSA’s Web site, www.fsa.usda.gov; click on “Fact Sheets.”


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