The Livestock Risk Protection-Lamb (LRP-Lamb) plan of insurance will again be available for sale on Sept. 14. The U.S. Department of Agriculture's (USDA) Risk Management Agency (RMA) suspended sales under the 2009 and 2010 LRP-Lamb Specific Coverage Endorsement (SCE) due to the unavailability of pricing information.
The American Sheep Industry Association's (ASI) Sheep Venture Company and the Livestock Marketing Information Center have been working with RMA and the Federal Crop Insurance Corporation (FCIC) for nearly a year on several requested enhancements to LRP-Lamb.
Included in the changes are:
Producers interested in purchasing an LRP-Lamb SCE must contact a crop insurance agent and complete an application that will be submitted through the approved insurance provider to FCIC.
The 2010 reinsurance year LRP-Lamb materials may be accessed on the RMA Web site from the livestock page at http://www.rma.usda.gov/livestock/.
Staff contact: Paul Rodgers