Dairy farmers got an amazing new tool in their toolbox, which is a dairy revenue protection insurance program through the USDA. There are no volume restrictions on it and it’s extremely flexible to match your risk.
Some of the threats rumbling under the ag economy include continued uncertainty in international trade, the size of farm loans, rising interest rates, and the possibility of declining farmland values. ...
The three new dicamba labels released by EPA last week are each around 40 pages long and accompanied by nearly 200 pages of documents detailing the herbicides’ registration requirements and their potential impacts....
After more than a year of talks, the US, Canada, and Mexico struck a new trade deal to replace NAFTA, known as the United States-Mexico-Canada Agreement, or USMCA. The agreement is still waiting for approval in Congress. After the Democrats took control of the House in the midterms last week, that approval is now in question.
The House and the Senate returned to Washington Tuesday to begin the post-election lame-duck session that may or may not include passage of a new farm bill.
The chairs and ranking members of the House and Senate agriculture committees have said they will push hard to finish a new farm bill this year. But the bill’s fate is likely to depend on how much energy there is to pass legislation as Congress prepares for the Democrats to take control of the House.
For most states and counties, the Pasture, Rangeland, Forage (PRF) Sales Closing Date is November 15th, 2018. Contact your trusted ProAg agent today to find out more information on this great risk management product! #LetUsProtectYou
The Pasture, Rangeland, Forage (PRF) Pilot Insurance Program is designed to provide insurance coverage on your pasture, rangeland, or forage acres grown for the intended use of grazing by livestock or haying. This program is designed to give you the ability to buy insurance protection for losses of forage produced for grazing or harvested for hay, which result in increased costs for feed, destocking, depopulating, or other actions. PRF is an area-based plan of insurance that uses a rainfall index to determine losses and trigger indemnities.
PRF is available in the 48 contiguous states with the exception of a few grids that cross international borders.
According to Brian Rice of Rice Dairy, understanding how the Dairy-RP works is the No. 1 thing producers should do right now.
“Dairy farmers got an amazing new tool in their toolbox, which is a dairy revenue protection insurance program through the USDA,” he said. “There are no volume restrictions on it and it’s extremely flexible to match your risk.”
#dairyrevenueprotection #cropinsurance #LetUsProtectYou
Our debt to the heroic men and valiant women in the service of our country can never be repaid. They have earned our undying gratitude. America will never forget their sacrifices. - President Harry S. Truman #VeteransDay
Do you want to learn more about Dairy Revenue Protection (DRP) insurance? This informational infographic contains a policy overview, summarizes the six basic decisions that must be made to complete the policy and explains the benefits of purchasing DRP coverage from a trusted ProAg agent.
Learn more about the Dairy Revenue Protection insurance program from your trusted ProAg agent or visit us at ProAg.com/mydairy for more information. Come experience the ProAg difference today.