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.
The Rainfall Index uses National Oceanic and Atmospheric Administration Climate Prediction Center (NOAA CPC) data and each grid is approximately 17 x 17 miles. You must select at least two, 2-month periods where precipitation is important to your operation. These periods are called index intervals. It is important for ranchers and farmers to understand that payments are not based on individual rain gauges on their farm or a single weather station, but the interpolated data for the entire NOAA CPC grid which may not be traced back to a single reporting station.
The Annual Forage pilot program provides coverage to acreage that is planted each year and used as feed and fodder by livestock. This pilot program utilizes the Rainfall Index to correlate to this annually planted acreage. The Annual Forage pilot program is available only in a select number of states and counties. Ask your trusted ProAg agent for more information.
Pasture, rangeland, and forage cover approximately 55 percent of all U.S. land. Forage grows differently in different areas, so it’s important for farmers and ranchers to know which types and techniques work best for their region. Contact your ProAg agent for the complete details on how PRF or Annual Forage fits into your operation. Come experience the ProAg difference today!
Click the above photo for the ProAg PRF Brochure explaining PRF coverages.
Apiculture Pilot Insurance Program
The Apiculture Pilot Insurance Program provides a safety net for beekeeper’s primary income sources – honey, pollen collection, wax and breeding stock. The program offered by ProAg and the Risk Management Agency uses rainfall or vegetation indices to estimate local rainfall or vegetative growth, allowing beekeepers to purchase insurance protection against production risks.
Specifically, the Rainfall Index Apiculture program uses proven technology to assess losses in plant production across diverse plant conditions and environments. The Rainfall Index uses the same basic provisions as the Pasture, Rangeland, Forage pilot program.
This RMA tool enables producers to make coverage decisions by calculating potential Apiculture indemnities based on specific historical data. Grid ID Locator, Decision Support Tool and Historical Indices (NOTE: this tool should be used for illustration purposes only.)
ProAg agents can quote producer premiums for this year’s Apiculture policies by using the ProAgQuote® System.
Not all coverages or products may be available in all jurisdictions. The description of coverage in these pages is for informational purposes only. Actual coverages will vary based on the terms and conditions of the policy issued. The information described herein does not amend, or otherwise affect, the terms and conditions of any insurance policy issued by ProAg or any of its subsidiaries.