FARM BUSINESS NEWS
Ag Policy Blog
Chris Clayton DTN Ag Policy Editor
Wed Jul 2, 2014 04:04 PM CDT

Nebraska's congressional delegation has written Agriculture Secretary Tom Vilsack to request a change in the way Farm Service Agency calculates disaster payments under the Livestock Indemnity Program.

Some major feedlots in Nebraska had significant cattle losses with the tornadoes that hit parts of northeast Nebraska two weeks ago. Livestock producers who filed claims are seeing lower payments than expected, the senators and congressmen wrote to Vilsack.

The lawmakers, all Republicans, cite that the Agricultural Act of 2014 changed the way payments are made. The law states producers will be paid 75% of the market value of their cattle "on the ...

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