Rounds, Klobuchar introduce legislation to provide fairer market prices for livestock disaster assistance program

WASHINGTON – U.S. Senators Mike Rounds (R-S.D.) and Amy Klobuchar (D-Minn.) introduced legislation to offer producers fairer market prices for livestock disaster assistance programs. The Livestock Indemnity Program Improvement Act  would require the Farm Service Agency (FSA) to make quarterly updates to Livestock Indemnity Program (LIP) payment rates that reflect livestock market prices.The LIP provides payments…