Cattle, LGM, & PRF

Pasture, Rangeland and Forage Insurance (PRF)
PRF provides protection to livestock and forage producers against the lack of rainfall in their grazing or growing operation. The PRF Program was designed as a risk management tool for the 588 million acres of pastureland and the 61.5 million acres of hayland in the United States. This innovative program is designed to give forage and livestock producers the ability to buy insurance protection for losses of forage produced for grazing or harvested for hay.

 

Rainfall Index 

PRF Fact Sheet

  

Basic Provisions

  

Policy Provisions

  

Grid ID Locator, Decision Support Tool, Historical Indices

 

Livestock Gross Margin (LGM)LGM Dairy Cattle provides protection to dairy producers when feed costs rise or milk prices drop. Gross margin is the market value of milk minus feed costs. LGM Dairy uses futures prices for corn, soybean meal, and milk to determine the expected gross margin and the actual gross margin.

   

CATTLE 

Policy

  Handbook
  Commodity Exchange Endorsement
   
DAIRY Policy
  Fact Sheet
  

Commodity Exchange Endorsement

 
 

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