Pasture, Rangeland, & Forage Insurance Program
The Pasture, Rangeland, Forage Insurance Program (PRF) is a federal crop insurance program that provides insurance protection for perennial forage produced for grazing or harvested for hay. The program is administered by the USDA Risk Management Agency (RMA). Due to difficulties quantifying price and yield for forage crops, particularly for grazing, standard crop insurance products are generally not an option for insuring forage production. For most of the United States, including: Missouri, Oklahoma, Arkansas, Kansas, Texas, and Nebraska, the program is based on a rainfall index. PRF insures producers based on the average rainfall in their geographic area instead of the producers’ individual farm. Producers receive an indemnity payment when rainfall in their area falls below the normal historical level.