North Dakota Farm Service Agency State Executive Director Marcy Svenningsen says they’re still waiting on a response from USDA on proposed changes to the Livestock Indemnity Program. Farmers are currently receiving nearly $300 under market value for calves through LIP. Svenningsen hopes to get that changed on the national level to meet current market values. “We have submitted a proposal to allow that bottom tier of zero-to-250 pounds to drop off so that the new tier would be zero-to-399 pounds for calves. That would pay out $474 dollars versus $175 for those younger calves.” Svenningsen is not sure whether or not USDA will accept the proposal.
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