USDA’s Risk Management Agency (RMA) encourages ranchers and livestock producers to take advantage of additional protection for their operation by signing up for Pasture, Rangeland, Forage Crop Insurance by Nov. 15.
Pastures, rangelands, and forages cover nearly 55% of all land in the United States. RMA’s area-based policy uses index-based data to calculate claims payments. Producers have the option of selecting one of two different plans, depending on their needs. The Rainfall Index plan is based on weather data collected and maintained by the National Oceanic and Atmospheric Administration. The Vegetation Index plan is based on the U.S. Geological Survey’s Earth Resources Observation and Science data. Both plans cover perennial pasture, rangeland, or forage used to feed livestock.
Because forage grows differently in different areas, it is important for ranchers and livestock producers to know which types and techniques work best for their region to determine the most appropriate coverage plan for them. Ranchers and livestock producers are encouraged to use the decision support tool and historical indices at http://maps.agforceusa.com/prf/ri/ to determine whether Pasture, Rangeland, Forage Crop Insurance offers the coverage they need and if area results compare to their past production. USDA encourages ranchers and livestock producers to visit www.rma.usda.gov/policies/pasturerangeforage/ to learn more about availability in their area.
Producers are encouraged to work with their insurance agent to determine the coverage that best meets their risk management needs. Ranchers and livestock producers can find an insurance agent in their area at www.rma.usda.gov/tools/agent.html. Visit RMA’s pasture, rangeland and forage website to learn more and get information about program training, tools, and indices.
In addition to Pasture, Rangeland, Forage Crop Insurance there are eight other livestock insurance policies available. Producers are encouraged to visit www.rma.usda.gov/livestock/, www.rma.usda.gov/policies/ri-vi/, or contact a private insurance agent for more information.