Livestock Indemnity Program Improvement Act of 2025
Sponsored By: Representative Feenstra
Introduced
Summary
This bill would require quarterly market-value determinations to set Livestock Indemnity payment rates so those payments better reflect current livestock market prices. It directs the Secretary of Agriculture to coordinate those determinations with the Agricultural Marketing Service and to use other appropriate resources when making them.
Show full summary
- Farmers and ranchers: Indemnity rates would be updated every quarter, so payments should track recent market prices and better match losses in changing markets.
- USDA administrators: The Secretary must coordinate with the Agricultural Marketing Service, rely on other appropriate data sources, and perform market-value determinations on a quarterly basis.
- Legal framework for payments: The bill reorganizes the indemnity definition in current law and adds a new subparagraph that specifies how market value is determined for payment calculations.
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Quarterly price updates for livestock loss aid
This bill would change how USDA sets the market value used to calculate Livestock Indemnity Program payments. The Secretary would work with the Agricultural Marketing Service and use other resources. USDA would update the market value every quarter. It would start upon enactment. Payments could go up or down as prices change.
Sponsors & CoSponsors
Sponsor
Feenstra
IA • R
Cosponsors
Gray
CA • D
Sponsored 7/10/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov