Staying on Top of Tech for Harvest
Have you done your pre-harvest precision check yet? Technology never seems to work when you need it to. The last place you want technology to go wrong is in the field during harvest. There is no [...]
Should I Consider Margin Protection
What It Is Main Details Margin Protection, also called MP, guarantees you will maintain your desired operating margin. It covers against an unexpected decrease in operating margin (revenue less [...]
Technology and the Future of Ag
Staying on top of the latest technology for agriculture is vital to an operation’s success. Precision Risk Management is here to help Keep You in the Know about the latest technology and what [...]
Accelerated Claim Payments for Extreme Drought Conditions
Yesterday the Risk Management Agency (RMA) issued guidance to all Approved Insurance Providers (AIPs) authorizing them to utilize emergency procedures for crops damaged by drought. What this [...]
USDA changes give you more freedom to utilize cover crops. Prevent Plant claims no longer at risk.
Key Take-Aways: · Effective starting this year and all years going forward · Eliminated 65% PP claim reduction for hayed, grazed, or cut for silage, [...]
New Program Can Reduce Premium by $5/acre for Planted Cover Crops
Key Take-Aways: Insurance premiums are reduced by $5/acre for planted cover crops in 2021 Grower must certify with FSA office by June 15th Reduction automatically applied to the August billing [...]
Important Spring Crop Insurance Policy Reminders
There are a ton of rules and requirements with the federal crop insurance program. It is almost impossible for a grower to know them all and keep up to date on all the changes. PRM is here to [...]
High Commodity Prices Can Bring High Payouts
The February base price for corn is $4.58 and $11.87 for soybeans for Revenue Protection (RP) and Yield Protection (YP) crop insurance policies. These commodity prices are significantly higher [...]
ECO Covers Top Tier of County Losses for a Higher Premium
Growers have a new coverage option in the 2021 planting season called Enhanced Coverage Option (ECO). This new endorsement provides insurance coverage to a previous gap on the top end of county [...]
John Deere Receivers Need an Update. PRM Can Help.
You need to know John Deere’s mandatory software updates have consequences for all their models for the 2021 growing season. John Deere needed to make updates to keep their software [...]
