04-07-2014 09:17 AM | USA

Livestock disaster payments being miscalculated

Nebraska’s Congressional delegation wrote a letter to U.S. Department of Agriculture (USDA) Secretary Tom Vilsack urging him to correct the Farm Service Agency’s (FSA) method for calculating livestock disaster payments in light of the devastating tornadoes in Pilger and surrounding areas last month.

The 2014 farm bill reauthorized the Livestock Indemnity Program (LIP) to provide relief for producers who suffer livestock deaths as a result of natural disasters.

Producers who lost livestock during the June tornadoes discovered USDA is using outdated data when calculating reimbursement, resulting in reduced payments of up to $330 per head. The letter urges FSA to use current market values, which more accurately reflects the intent of the 2014 farm bill.
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