12/24/2003 USDA HALTS LIVESTOCK RISK PROTECTION INSURANCE BECAUSE OF BSE
On December 23, 2003, RMA was informed that bovine spongiform encephalopathy (BSE), known as mad cow disease, was detected in the state of Washington. It is expected that this discovery will have a significant effect on the price of cattle for the foreseeable future.
Producers that have already purchased Specific Coverage Endorsements for Fed Cattle and Feeder Cattle prior to the withdrawal of insurance will continue to receive coverage under such endorsements. However, producers will not be able to insure additional cattle until further notice.
Information is also available at http://www.rma.usda.gov/.
#
USDA News
oc.news@usda.gov
202 720-9035
|
|