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.
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 fits into your ranching operation.
Click the above photo for the ProAg PRF Brochure explaining PRF coverages.
Annual Forage Pilot Insurance Program
The Annual Forage Pilot Insurance 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. Annual Forage has four growing seasons. At least two to three different intervals need to be selected for Annual Forage coverage depending on the state. The months within the intervals cannot overlap.
CAT coverage is offered in all four seasons, each with seven-month intervals, but CAT is not available for crops and grasses intended or used for grazing. The Annual Forage pilot program is available only in a select number of states and counties. Contact your ProAg agent for the complete details on how PRF or Annual Forage fits into your operation. Come experience the ProAg difference today!
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.