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Improved Farmer Support: Livestock Loss Compensation Updates

This act aims to ensure that farmers who lose livestock due to natural disasters receive fair compensation. The changes will ensure that payment rates are regularly adjusted to current market prices, helping farmers recover from losses. This will make the support more adequate to actual costs.
Key points
Livestock loss compensation payments will be updated quarterly to reflect current market prices.
The changes aim to provide better financial support for farmers affected by natural disasters, ensuring fairer compensation.
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Status: Introduced
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Additional Information
Print number: 119_S_1493
Sponsor: Sen. Rounds, Mike [R-SD]
Process start date: 2025-04-10