FARM FUNDING
Updates to Dairy Revenue Protection, Livestock Gross Margin and Livestock Risk Protection are intended to improve flexibility and expand coverage opportunities beginning with the 2027 crop year.
Uniform Changes Across Programs
The changes include updated beginning-farmer subsidies, concurrent coverage opportunities and requirements around policy use and continuation.
DRP Updates
The updates adjust sales timing and several dairy coverage parameters, providing producers with additional flexibility in managing revenue risk.
LGM Changes
Livestock Gross Margin updates adjust coverage parameters and program flexibility for eligible livestock producers.
Updates to LRP Coverage
Additional disaster exemptions, expanded weights, longer cull-cow coverage and new unborn-feeder categories add flexibility for eligible producers.
What This Means for Producers
Producers should review the changes with their crop-insurance agent and consider how the updated options fit into their broader risk-management plan.
Farm Funders's team of agricultural advisors can help producers connect these insights to a broader financial plan, including budgeting, financing and risk-management tools.
Farm Funders's whole-farm, advisory approach connects programs, insurance and financial strategy into a clear path forward. Producers are encouraged to reach out to their advisors as they evaluate the opportunities and challenges discussed above.
At Farm Funders, we are committed to being a trusted advisor to Northeast agricultural producers, helping you navigate uncertainty and strengthen your operation for the future.