Now Is the Time to Think About PRF

December 1 may still seem a ways off, but for PRF, that date is the deadline to make changes to your coverage for the coming year. Right now is a good time to look at your pasture and hay acres and consider what this year's rainfall has meant for your forage production. Whether those acres are being grazed or hayed, you are seeing the results of this year's growing season firsthand. That makes now a good time to start thinking about how you want to protect those acres next year.

PRF is designed to help protect pasture, rangeland, and forage against a lack of precipitation. Coverage uses rainfall measurements during selected two-month intervals and an index based on precipitation within the specific grid where your acres are located. For existing policyholders, December 1 is the time to make any elected changes or updates before your policy automatically rolls forward. It is also the deadline to change agents if you feel it is time to work with someone different.

The PRF program continues to evolve, with changes intended to maintain the long-term viability of the program and make sure the right people are receiving the right protection. Recent changes include additional requirements for qualification, including appropriate stocking rates. One important distinction to remember is that it is not simply who owns the grass—it is who has an insurable interest in the output of that grass.

Crop insurance is an individualized process, and PRF is no exception. PRF isn't right for every operation, and the economics can look very different from one location to another. Your acres, rainfall history, forage use and individual risk tolerance all matter. We don't want to broadly recommend a coverage level or program without first making sure it fits your operation. Whether you already have PRF and want to review it or you are considering it for the first time, reach out to one of our Producer Ag Crop Insurance Specialists to discuss your specific situation and get a quote based on your acres. We know fall harvest keeps everyone busy, but December 1 will be here quickly.

Kayle Robben
Crop Insurance Agent & Brokerage Specialist
316-612-8973
Southern Kansas

Nicholas Levin
Crop Insurance Specialist
620-747-9128
Central and Western Kansas

David Yenni
Crop Insurance Specialist
620-669-7338
Central Kansas

Tammy Gerlits
Crop Insurance Specialist
785-313-5344
North and Northeast Kansas

Article Provided by Kayle Robben, Crop Insurance Specialist.