TMA Can Help Protect Grazing And Haying Acres Through PRF Insurance
Oct 01, 2018
PRF is an extremely affordable, highly subsidized plan of insurance and offers a great way to offset the cost of additional feed expenses in times of drought.
- Simple, process with no loss adjustments or record keeping.
- Protects up to 90% of normal rainfall on grass and hayland.
- No affect on FSA drought payments.
- Deadline is November 15, 2018
There are two insurable types through PRF Insurance including grazing and haying acres.
Grazing acres must be:
- Established acreage for perennial forage
- Intended for grazing by livestock
- Acreage must be suitable for grazing
- Must be planted prior to July 1 of the previous crop year
Haying acres must be:
- Established acreage for perennial forage
- Intended for haying
- Acreage must be suitable for haying
- Must be planted prior to July 1 of the previous crop year