11/05/2019 | Press release | Distributed by Public on 11/05/2019 11:04
Arizona cattle ranchers finally have a Federal Crop plan that works for them. Pasture, Rangeland, Forage program, otherwise known as PRF, is the insurance all your ranching neighbors are talking about. The value of this coverage is that you're protected when you need it most.
This federal crop insurance policy pays you when you don't get enough rain to produce the forage you need for grazing. Every ranch and rancher are different, and your policy needs to be tailored exactly to fit your ranch.
But November 15 is a critical deadline date for the PRF program. As a federal crop policy, you can only sign up one time a year; November 15th is the deadline for the following calendar year. Many variables exist with this policy and although it's a federal crop program your premium can vary significantly depending on your choices and why you need to consult with a well-qualified agent that can explain your options to you.
WhileAmerican farmers throughout the United States have had similar safety nets for years, this is new to ranchers. Your agent should take the time to explain and educate you on how this program works and to make sure it's right for you. After you have had time to get comfortable, you can decide what, if any, is enough PRF coverage for you.
What you need to know:
1. PRF policy is an RMA/USDA program and part of the Farm Bill.
2. There are many variables and each choice can have very different outcomes.3. There are some criteria to meet before the sign-up date. The earlier you begin the conversation the better..
You have 3 options:
1. Do nothing!
2. Talk to all your neighbors and sit the fence!
3. Call a trusted agent soon! But Note :There are many different agents rushing to sell this 'RAIN' insurance. Many are reputable some not so much. If you believe this might be valuable for your ranch please consider Farm Bureau and its partner Rain & Hail with 99 years of stability, size (largest crop insurer in the nation) and longevity as a trusted and respected partner in Agriculture.
This program is an opportunity for you to protect your ranch and protect it well, especially for the next generation.
What Ranchers Say About the Program
Editor's Note: Jill Wilson has given seminars on this program and is well versed in the nuances of the insurance. If you have questions call 602.284.6856.Join Our Family