Pasture, Rangeland And Forage

Nov 16, 2022

Pasture, Rangeland and Forage

Pasture, Rangeland and Forage (PRF) is a highly subsidized risk management tool that helps producers protect their operation from lost production during drought conditions. PRF ensures normal precipitation is received throughout the year on all your grazing and haying acres. With the high cost of feed, this policy helps recover losses when production has been affected due to a lack of rainfall. 

A PRF policy allows producers to protect up to 90% of their average rainfall in two-month intervals over a geographical area.  With federal subsidy rates ranging from 51-59%, this policy can be a very cost-effective way to protect your operation when rainfall is below average. If you own or lease any grazing or haying land, please contact your Producer Ag Risk Management Specialist today for more information. Our knowledgeable Risk Management Specialists are highly trained to help producers utilize risk management tools such as PRF. The deadline to signup for the 2023 season is December 1, don’t delay.      

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Jan 16, 2024
As we welcome 2024, we do so with some encouraging rains in the ground and a blanket of snow covering most of the region. We also have optimism in the weather outlook that we might finally break the drought that has created challenging growing conditions. 
Sep 14, 2023
As we look ahead to the 2024 crop year many decisions loom in the not-so-distant future. Federal Crop Insurance, Coverage levels, unit structures, and whether to add SCO or ECO must be selected for the 2024 season prior to the September 30 deadline.
Jul 11, 2023
The USDA end-of-June acreage and stocks report excited the soybean bulls. The most notable number on the report was soybean acreage reported at 83.5 million bushels, down five percent from last year. On the grain stocks side of the report, 796 million bushels of beans are in storage, down eighteen percent from last June. The current drought monitor is looking friendly for the market despite the recent rains in the central corn belt.