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Federal assistance and financial ratios for livestock producers

Author

Listed:
  • Baldwin, Katherine
  • Giri, Anil
  • Knight, Russell

Abstract

This paper documents recent developments in Federal assistance for U.S. livestock producers and analyzes how producer participation in major risk‑management programs has evolved since 2018. We examine three categories of support: livestock insurance products offered through the Federal Crop Insurance Program (FCIP); permanently authorized disaster programs including the Livestock Forage Disaster Program (LFP), Livestock Indemnity Program (LIP), and Emergency Assistance for Livestock, Honeybees, and Farm‑Raised Fish Program (ELAP); and ad hoc assistance programs such as the Emergency Livestock Relief Program (ELRP). We find that while the number of livestock insurance policies purchased and the total liabilities for livestock in the FCIP have risen exponentially since 2018, only around 5 percent of livestock producers participate in FCIP. Regarding disaster programs, despite the authorization of funding for temporary disaster assistance programs targeting livestock, most disaster assistance for livestock producers continues to be delivered through permanently authorized programs.

Suggested Citation

  • Baldwin, Katherine & Giri, Anil & Knight, Russell, 2026. "Federal assistance and financial ratios for livestock producers," 2026 Annual Meeting, July 26 - 28, 2026, Kansas City, Missouri 404388, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea26:404388
    DOI: 10.22004/ag.econ.404388
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    References listed on IDEAS

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    1. Ahearn, Mary Clare & Collender, Robert N. & Diao, Xinshen & Harrington, David H. & Hoppe, Robert A. & Korb, Penelope J. & Makki, Shiva S. & Morehart, Mitchell J. & Roberts, Michael J. & Roe, Terry L. , 2004. "Decoupled Payments In A Changing Policy Setting," Agricultural Economic Reports 33981, United States Department of Agriculture, Economic Research Service.
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