Annual Forage Insurance (AFI) protects policyholders if annual forage crops yield poorly due to insufficient rainfall. The deadline to purchase AFI is July 15 for any annual forage crop planted from August 2024 to July 2025. This article covers key AFI policy characteristics.
This article is the second part of a two-article series on annual forage insurance. It focuses on interval selection and the best strategies to follow when selecting intervals. The first article, which covers policy basics, can be found in this eUpdate.
Pasture, Rangeland, and Forage (PRF) insurance is a tool for managing rainfall or drought risk. While individual producer experience varies, PRF has made substantial payouts during drought years. This article summarizes three concerns about whether PRF will cover actual forage losses and two approaches to consider.