Livestock Risk Protection (LRP) policies for swine and lamb were - TopicsExpress

Livestock Risk Protection (LRP) policies for swine and lamb were rejected in 2003 and 2005, respectively, due to noncompliance only to be approved a few years later. One of the lamb policy developers, then-president of the American Sheep Industry Association Burdell Johnson, worked with then-Senate Agriculture Committee Chairman Harkin (D-IA) to get the new policy approved. After approval the American Sheep Industry Association created a fully-owned insurance agency subsidiary, ASI Food and Fiber Risk Managers LLC, that is getting paid taxpayer subsidies to sell the new policy. Requirement for a study on creation of a new taxpayer subsidized policy for catastrophic swine disease insurance was inserted into the 2014 farm bill with the backing of the National Pork Producers Council and Sens. Klobuchar (D-MN) and Grassley (R-IA). bit.ly/1f2kOPO

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