LIP Application Deadline Approaching

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Livestock producers who suffered losses in 2011 due to natural disasters and filed a notice of loss with their local Farm Service Agency office have until January 30 to apply for payment through the Livestock Indemnity Program.

LIP pays eligible producers based on a national payment rate, which is 75 percent of the average fair market value of the livestock.  Eligible livestock include cattle, poultry, swine and other animals including sheep, goats and horses.

Source: USDA FSA

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