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FCIC Suspends Sales of Livestock Risk Protection for Lamb

The Federal Crop Insurance Corporation (FCIC) on May 21 suspended sales of the Livestock Risk Protection (LRP) insurance for lamb due to data being unavailable to make offers and settle existing insurance contracts. The data needed, the formula price normally reported by USDA’s Agricultural Marketing Service in its National Weekly Slaughter Sheep Review, was suspended to comply with confidentiality requirements. The FCIC Board plans to revisit the LRP Lamb suspension at the August 11-13 meeting.

Without the formula price, USDA’s Risk Management Agency (RMA) is unable to calculate the Actual Ending Value (AEV) on any active LRP policies for lamb that reflects current market price conditions. Therefore, RMA will now use the comprehensive price, also published in the National Weekly Slaughter Sheep Review, to calculate the AEV for existing policies. While the comprehensive price will be used to create the AEVs, it will not be used to create offers. RMA is taking this action to ensure that producers can appropriately be compensated for the recent price declines.

Source : usda.gov

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A chain harrow is a game changer

Video: A chain harrow is a game changer

Utilizing a rotational grazing method on our farmstead with our sheep helps to let the pasture/paddocks rest. We also just invested in a chain harrow to allow us to drag the paddocks our sheep just left to break up and spread their manure around, dethatch thicker grass areas, and to rough up bare dirt areas to all for a better seed to soil contact if we overseed that paddock. This was our first time really using the chain harrow besides initially testing it out. We are very impressed with the work it did and how and area that was majority dirt, could be roughed up before reseeding.

Did you know we also operate a small business on the homestead. We make homemade, handcrafted soaps, shampoo bars, hair and beard products in addition to offering our pasture raised pork, lamb, and 100% raw honey. You can find out more about our products and ingredients by visiting our website at www.mimiandpoppysplace.com. There you can shop our products and sign up for our monthly newsletter that highlights a soap or ingredient, gives monthly updates about the homestead, and also lists the markets, festivals, and events we’ll be attending that month.