Pasture, Rangeland & Forage Protection (PRF) covers farmers and ranchers against losses of forage used for haying or grazing to feed livestock.

Crop conditions and potential losses are based on rainfall indices within specified grid areas rather than on individual farms. It’s intended to help protect a producer's operation from a forage loss due to the lack of precipitation.

Here’s how it works:

• The Rainfall Index uses National Oceanic and Atmospheric Administration Climate Prediction Center (NOAA CPC) data, which utilizes a grid system to determine precipitation amounts within an area. Each grid is 0.25 degrees in latitude by 0.25 degrees in longitude, which translates to approximately 17 by 17 miles at the equator. 
• Insurance payments for losses are calculated based on the deviation from normal precipitation or vegetation with the grid.

Contact Rabo AgriFinance Insurance for more information and a free risk analysis.