PRM Stories

PRM Stories2023-05-20T17:19:22-05:00

How Has PRF Performed in Your County?

PRF County Averages: A Long-Term Look at Protection for Grazing and Haying Acres Ranchers face a simple but serious challenge: you can do everything right in your operation, but you canโ€™t control precipitation. Thatโ€™s where Pasture, Rangeland, and Forage (PRF) insurance steps in as a powerful risk management tool. As [...]

By |October 16, 2025|

Second ECAP Payments Are Coming: What Farmers Need to Know

The USDA has announced a second round of payments under the Emergency Commodity Assistance Program (ECAP) for the 2024 crop year. These new payments are being made because theย  $10 billion allocated were not fully used during the first round. Why are Farmers Getting a Second Payment? Earlier this year, [...]

By |October 1, 2025|

MCO and MP Crop Prices Finalized

What these prices mean for top-end protection The numbers are in. The 30-day Price Discovery Period for Margin Protection (MP) and Margin Coverage Option (MCO) is officially closed. Corn Base Price: $4.56 Soybean Base Price: $10.73 These prices are now locked as the โ€œstarting pointโ€ for MP and MCO policies. [...]

By |September 16, 2025|

Locking in Early Commodity Prices for Crop Insurance: MCO and MP Price Discovery

With large commodity market swings, several weeks are very important for farmers who want to protect the top-end of their revenue. The Price Discovery Period is happening now for Margin Protection (MP) and the Margin Coverage Option (MCO). This period sets the prices that drive your guarantee and your premium. [...]

By |August 26, 2025|

MGR-25-006: One Big Beautiful Bill Act Amendment

Date: August 20, 2025 To: All Approved Insurance Providers, All Risk Management Agency Field Offices, All Other Interested Parties From: Patricia Swanson, Administrator /s/ Patricia Swanson Subject: One Big Beautiful Bill Act Amendment BACKGROUND: The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, made changes to the [...]

By |August 20, 2025|

CLUs Made Simple with Precision Reportingย 

Do Your Fields and CLUs Match? Precision Fixes That.ย  When you plant a field, you see one field. But the Farm Service Agency (FSA) often sees several Common Land Units (CLUs) inside that same field. Each of which must be reported separately. That means lots of time splitting acres, double-checking [...]

By |August 18, 2025|

Application Now Open: $16Billion in Disaster Reliefย (SDRP)

What you need to know to get your payment The USDAโ€™s Supplemental Disaster Relief Program (SDRP) applications are now open, starting on July 10. This program provides financial assistance to producers who experienced eligible crop losses due to natural disasters in 2023 and/or 2024. The funding was passed by Congress [...]

By |July 10, 2025|

Rainfall Index Explained

Historic Precipitation Affects Your PRF Coverage In the Midwest and Plains states, ranchers depend heavily on pasture and forage. Rainfall variability can quickly change your pastureโ€™s productivity and your operationโ€™s profitability. Pasture, Rangeland, and Forage (PRF) insurance helps manage the financial impacts of unpredictable precipitation using the benchmark of the [...]

By |July 1, 2025|

2024 ECO County Yields & Revenues Maps

See How Your County Performed The Risk Management Agency (RMA) has released the final county yields and revenues that determine how Enhanced Coverage Option (ECO) performed for crop year 2024. Because ECO relies on collected production data after harvest, there is always a short lag before final numbers are published. [...]

By |June 25, 2025|

How PRF Payments Help Cover Your Costs

Ranching takes planning, especially when it comes to managing rainfall and forage production. Thatโ€™s why many producers turn to Pasture, Rangeland, Forage (PRF) insurance to protect their operation and strengthen long-term success. At Precision Risk Management (PRM), we help ranchers across the Plains use PRF insurance to build more financially [...]

By |June 16, 2025|
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