USDA Updates Livestock Insurance Programs For Dairy, Cattle, Swine

May 10, 2022

USDA recently updated three insurance options for livestock producers, including Dairy Revenue Protection (DRP), Livestock Gross Margin (LGM) and Livestock Risk Protection (LRP). According to USDA’s Risk Management Agency (RMA), these were revised to reach more producers and offer greater flexibility. The updates will take effect July 1.

“Agriculture is not a static industry, and these updates reflect the importance we place on always knowing the evolving needs of producers and offering the most people the best risk management tools we can,” said RMA Administrator Marcia Bunger.

Under DRP, which is designed to insure against unexpected declines in the quarterly revenue from milk sales relative to a guaranteed coverage level, dairy producers now will be able to continue coverage even if they experience a disaster, such as a barn fire, at their operation.

LGM coverage, which protects against the loss of gross margin (livestock’s market value minus feed costs), has been expanded for cattle, dairy and swine, making it available in all counties in all 50 states.

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Video: What Happens When Pigs Adapt to High Soybean Meal Diets? - Gustavo Lima

In this special rerun episode of The Swine Nutrition Blackbelt Podcast, Gustavo Lima, PhD candidate in Animal Science at Iowa State University, discusses how grow-finish pigs respond to high soybean meal diets. He explains the initial drop in feed intake, changes in backfat, later adaptation, energy efficiency, amino acid utilization, and the rise in nitrogen excretion at higher inclusion levels. Listen now on all major platforms!

Click here to read the full research article: https://academic.oup.com/jas/article/...

“Once they got adapted to the diet, they can handle higher levels of inclusion of soybean meal.”

Meet the guest: Gustavo Lima / gustavo-lima-a9867127 is a PhD candidate in Animal Science at Iowa State University whose work focuses on swine nutrition, ingredient characterization, energy metabolism, caloric efficiency, and applied data analysis. With more than 15 years of experience in swine production across Latin America, Gustavo also brings expertise in environmental control, performance evaluation, barn ventilation, and grow-finish housing. Learn more from Gustavo Lima on The Swine Nutrition Blackbelt Podcast, available on all major platforms.