For Missouri farmers relying on hay production or grazing land, the risk of drought or excess rainfall can severely impact your yield and feed costs. Pasture, Rangeland, and Forage (PRF) insurance is a vital farm risk management tool specifically designed to protect your most valuable forage assets against damaging weather events.
Unlike traditional insurance that requires a physical loss adjustment, PRF uses a unique rainfall index. This index divides the country into small grids and uses NOAA data to determine if precipitation in your specific grid fell below the historical average during a designated two-month interval.
Jim Hardecke specializes in PRF for his Missouri clients, helping you strategically choose the best intervals and coverage levels to align with your operation’s most critical growth periods. This coverage provides a payment when the rainfall index drops, giving you the necessary capital to buy replacement hay or supplement your livestock feed, effectively shielding your bottom line from devastating weather-related forage losses.
