Agriculture Secretary Tom Vilsack announced Tuesday that eligible ranchers and livestock producers can begin applying for benefits under the provisions of the Livestock Indemnity Program in the 2008 Farm Bill on July 13. The Livestock Indemnity Program provides assistance to producers for livestock deaths that result from disaster.
The program is administered by the USDA Farm Service Agency with funds from the Agricultural Disaster Relief Trust Fund established under the Trade Act of 1974. The Livestock Indemnity Program compensates livestock owners and contract growers for livestock death losses in excess of normal mortality due to adverse weather, including losses due to hurricanes, floods, blizzards, disease, wildfires, extreme heat and extreme cold. Eligible losses must have occurred on or after Jan. 1, 2008, and before Oct. 1, 2011.
"This program will provide livestock producers with a vital safety net to help them overcome the damaging financial impact of natural disasters," said Vilsack.