Pasture, Rangeland, Forage (PRF) Insurance

Product Overview

Understanding Pasture, Rangeland, Forage Insurance

Pasture, Rangeland, Forage (PRF) Insurance is designed to safeguard livestock producers against the financial impact of forage losses caused by lower than average rainfall. PRF provides farmers and ranchers with a risk management tool to replace income from forage losses. Our exclusive policy review technology can help you use this coverage effectively, picking the right months to cover.

The annual sign-up deadline for PRF is December 1.

Watch the video to learn more.

How it Works

Pasture, Rangeland, Forage (PRF) is an area-based insurance program that replaces income from yield losses caused by low precipitation relative to a historic average on forage produced for grazing or harvesting hay. Claims are based on roughly 17x17-mile grids and a Rainfall Index.

Producers make several choices, including coverage level, index intervals, irrigated practice, productivity factor and number of acres.

Rainfall Index

Coverage is based on rainfall in a defined grid. Because the index is based on rainfall data from the National Oceanic and Atmospheric Administration Climate Prediction Center and not on individual production, you may have poor production on a grid and still not receive an indemnity or vice versa.

You must select at least two, 2-month periods (index intervals) during which precipitation is important to your operation.

Productivity Factor

You can establish a value between 60% and 150% of the county base value and match the amount of your protection to the value of forage that best represents your specific grazing or hay operation.

Coverage Level

You can select a coverage level between 70% and 90% in 5% increments. This will be considered the trigger level to determine whether an indemnity is payable. An indemnity will be payable when the interval index falls below the trigger value.

Irrigated

In 2016, RMA began offering coverage in some states for irrigated hay to cover above-normal irrigation costs due to precipitation shortfalls.

Losses

RMA determines a grazing value based on stocking rates, available forage and the value of the forage in the area. It employs Animal Unit Month data for each state and county to determine the “yield” for grazed acreage and hay prices to determine current value.

PRF Selection Support Tools

Our proprietary crop insurance decision tool will help determine the best insurance selections for your operation. Contact your local FCSAmerica office.

Deadline

The annual sign-up deadline for PRF is December 1.

Available to all qualifying producers regardless of race, color, national origin, religion, sex, disability, age, marital status, family/parental status, income derived from a public assistance program, political beliefs, or reprisal or retaliation for prior civil rights activity, in any program or activity conducted of funded by USDA (not all bases apply to all programs).

Are you covered?

It can be difficult to pick the right coverage months for PRF. With our exclusive policy review technology, our insurance officers can help you find the best coverage periods for your farm to make PRF work for you.

Would you like to hear from one of our insurance officers? We serve producers in Nebraska, Iowa, South Dakota and Wyoming. Fill out the information, and we’ll reach out.

Why Work With Us for Crop Insurance

Icon of a person with a thought could with a leaf in the center

Dedicated Specialists

Our agents are non-commissioned and focus 100% of their time on crop insurance and livestock insurance — every working day of every week in the year. They don’t sell property, casualty or life insurance.

Icon of a shield with three people within it

Highly Trained

Our insurance officers receive annual training on RMA changes to crop insurance and livestock insurance plans and stay informed throughout the year.

Icon of a light bulb and circle with a dollar sign and arrows pointing in a circle

Financial Expertise

As a lender, we understand financial risk and work to protect your working capital, not just your crop or livestock.

Icon of a hand pointing at a browser window with a dollar sign in the middle

Exclusive Tools

Leverage our exclusive policy review and Hail Analyzer tools to receive a personalized insurance plan - maximizing your net indemnity, cash flow, forward market opportunities, and minimizing your premium costs.