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In addition to MGR-26-005 issued on May 1, 2026, wildfires also caused catastrophic damage in Kansas, Oklahoma, and Texas. The Risk Management Agency (RMA) recognizes the need to provide flexibility to help livestock insurance policyholders in these impacted areas.
Wildfire caused catastrophic damage in Nebraska. The Risk Management Agency (RMA) recognizes the need to provide flexibility to help livestock insurance policyholders in the impacted area.
The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), Dairy Revenue Protection (DRP) plans of insurance under section 508(h) of the Federal Crop Insurance Act. The following revisions are applicable for the 2027 and succeeding crop years:
Uniform changes across LRP, LGM, and DRP:
The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), Dairy Revenue Protection (DRP) plans of insurance under section 508(h) of the Federal Crop Insurance Act. The following revisions are applicable for the 2026 and succeeding crop years:
LRP changes include:
Approved Insurance Providers (AIPs) are required to conduct reviews of eligible livestock price insurance contracts (ELPIC) on livestock plans of insurance (Livestock Gross Margin (LGM), Livestock Risk Protection (LRP), Dairy Revenue Protection (DRP), and Weaned Calf Risk Protection (WCRP)). These reviews (Data Mining, Individual Policy, Conflict of Interest, and $200,000 Indemnity ($200K)) are intended to address suspected anomalies, program integrity concerns, or to ensure that a company’s internal control processes are operational and effective.
Per LPRA Appendix IV, AIPs shall identify and conduct an inspection on any eligible livestock price insurance contract (ELPIC) with an indemnity of $200,000 or more.1 On April 12, 2019, RMA issued COM-19-001 to address the $200,000 Indemnity Review ($200K Review) requirements for aggregating losses by endorsement or insurance period for the Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM), and Livestock Risk Protection (LRP) plans of insurance.
The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP), Livestock Gross Margin (LGM), Dairy Revenue Protection (DRP) plans of insurance under section 508(h) of the Federal Crop Insurance Act. The following revisions are applicable for the 2025 and succeeding crop years:
Livestock Risk Protection changes include:
Due to the continuing severe drought conditions impacting many parts of the nation, producers are struggling to find adequate supplies of feed or forage, causing them to market their livestock sooner than anticipated.
The Livestock Risk Protection (LRP) Basic Provisions requires livestock to be owned by the producer within the last 60 days of the insurance period or the endorsement is terminated with premium owed, but no indemnities payable.
The Federal Crop Insurance Corporation (FCIC) Board of Directors (Board) approved revisions to the Livestock Risk Protection (LRP)-Fed Cattle plan of insurance under section 508(h) of the Federal Crop Insurance Act on February 17, 2023, and April 19, 2023. The FCIC Board also approved revisions to the Livestock Gross Margin (LGM) plans of insurance under section 508(h) of the Federal Crop Insurance Act on May 19, 2022, and April 19, 2023. Updates were also made to the Dairy Revenue Protection (DRP) program.
As of April 28, 2023 the following information is now available on the FTP site:
Users can find this information in the following directories:
