LINCOLN, Neb. (RFD-TV) — Producers are preparing for next year’s Pasture, Rangeland and Forage (PRF) insurance coverage as the enrollment deadline approaches.
Dr. Jay Parsons with the University of Nebraska-Lincoln says producers can adjust their coverage based on rainfall levels and the value of their land.
“The coverage itself that I alluded to is in two-month intervals, and you can cover anywhere from 70 to 90 percent of normal rainfall, 5 percent increments. Productivity factor: Each the dollar value per acre is determined by what county you’re in, and it’s meant to reflect the productive value of an acre of grass in that county, but you can adjust that value anywhere from one and a half times whatever the county base value is down to 60% of whatever it is. That’s just adjusting the dollar value per acre of coverage.”
Enrollment for 2027 coverage closes December 1.