Protect Against Lack of Rainfall with Pasture, Rangeland and Forage (PRF) Rainfall Index Policy

October 13, 2021

Forage losses from natural hazards, especially drought, can be a significant risk for forage and livestock producers. That is why Crop Growers, LLP, is pleased to provide Pasture, Rangeland and Forage (PRF) insurance. PRF can be an effective tool for producers who have experienced losses caused by reduced forage and grazing due to lack of rainfall. The sales closing and acreage reporting date is December 1, 2021.

“Farm profitability depends on the productivity of hay or pasture ground,” said Kelsey Mapstone, Northeast Marketing Agent with Crop Growers, LLP. “We need to help each farm carefully evaluate their business risks and make sure they are covered in the event of a lack of rainfall related forage loss.”

The PRF program is very affordable with support ranging from 51-59% of the premium. Producers can insure all or part of a pasture, rangeland or forage used for haying or grazing.

Producers choose which months to insure (minimum of two two-month “index intervals”). In any selected interval that rainfall is less than 90% of the historical average, the producer will receive a payment. There are no adjusters, no additional paperwork and no production history to maintain. Coverage is based on the experience of the entire normal rainfall grid and not on the individual farm or specific weather station.

The sales closing and acreage reporting date for Pasture, Rangeland and Forage (PRF) Rainfall Index Policy is December 1, 2021. No production reporting is required and there are no upfront costs as the billing date will be the following September 1, 2022.

Crop Growers, LLP, is an independent agency that sells and services crop insurance for 34 different crops through a nine-state territory. Crop Growers is owned by Farm Credit East, in conjunction with other Northeast Farm Credit Associations. Producers do not need to be a Farm Credit customer to purchase crop insurance. Visit CropGrowers.com or contact the Crop Growers Customer Service Center at 1-800-234-7012 to learn more.