Livestock Indemnity Program Improvement Act of 2025

This bill requires the Farm Service Agency to update the market value of livestock every three months when figuring out how much to pay farmers and ranchers through the Livestock Indemnity Program. That program helps livestock owners and contract growers by giving them payments when their animals die at higher-than-normal rates or sell for less due to things like bad weather, disease, or animal attacks. Payments are generally set at 75% of the animal's market value, and this bill aims to make sure those values are kept up to date by requiring quarterly updates.

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