ProAg Pasture, Rangeland, Forage (PRF) insurance offers protection against forage loss due to the lack of precipitation on acres grown with the intended use of grazing or haying.
This program helps growers cover their increased costs for feed, destocking, depopulating or other actions which can be incurred during dry periods. The PRF program utilizes a rainfall index to determine precipitation for coverage purposes and does not measure production or loss of products themselves.
This infographic includes:
- Answers to common questions about how PRF works, like:
- Why are two-month intervals the basis for coverage?
- How does the rainfall index work?
- How does the grid system work in determining indemnity eligibility?
- What are your coverage election options?
- An indemnity example, including how coverage levels and protection factors play into the equation
- How to get the most bang for your PRF buck: Four considerations to maximize your coverage
You can't make it rain... but you can buy PRF insurance.
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