Home > News > USDA-RMA Increases LRP Subsidy Rates for 2021

USDA-RMA Increases LRP Subsidy Rates for 2021

Posted September 15, 2020
in Top Ag News

Producers electing Livestock Risk Protection (LRP) coverage for feeder cattle, fed cattle and swine in 2021 will see higher available subsidy rates based on selected coverage ranges based on recent action by USDA Risk Management Agency officials. Subsidy rates will be 10% higher for coverage levels above 85%, 15% higher for 80% to 85% coverage and 20% higher for coverage between 70% and 80%. The agency also increased herd size limits for LRP eligibility, added new endorsement time periods and changed livestock ownership requirements. See all the changes for 2021 from USDA-RMA.

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