Why ECO Matters to Profit Focused Farmers
For farmers managing large operations, risk management is critical, especially when it comes to crop insurance. One key product that deserves attention is the Enhanced Coverage Option (ECO), a relatively new addition to the crop insurance landscape that addresses specific coverage needs.
Turning Unprofitable Acres into Money Makers
The quest for profitability drives the modern farmer, but paradoxically, precision technology that could spike their earnings remains heavily underutilized. Farmers feel comfortable with it for auto-steering and some VRT. Some farmers go one step further to apply precision data in crop insurance, but it barely scratches the surface of [...]
Apply today to become a Cover Crop Coach
PRM is happy to help get out the word of one of our partners, CTIC. They have a great opportunity for producers in SD, MN, and WI to become a Cover Crop Coach. The Conservation Technology Information Center (CTIC) is a proud partner with Farmers for Soil Health - created [...]
Welcome Tony Rodin- Our New North Dakota Data Specialist!
We are delighted to announce a valuable addition to our team, enhancing our commitment to supporting your success in North Dakota. Please join us in welcoming Tony Rodin as the North Dakota Data Specialist. Tony, originally from LaMoure, ND, brings an extensive background in precision data management to his role. [...]
ERP Payments Are Coming
What you need to know to receive ERP Payments What are Emergency Relief Payments? Emergency Relief Payments (ERP) is financial aid provided to producers who experienced extreme weather conditions that affected their operation. The Disaster Relief Supplemental Appropriations Act provides $3.7 billion in financial assistance for producers impacted by wildfires, [...]
What 2023 Fall Prices Mean For You
Harvest Prices Are Down The Harvest Prices for Corn and Soybeans These Fall Harvest Prices will determine if many farmers have a loss and are due a claims payment. Any producers with a Revenue Protection (RP) crop insurance plan should pay close attention to these main points: A farmer may [...]
Employee Spotlight: Dena Mozie, Compliance Advisor
Dena Mozie's journey in the insurance industry began in 2007 when she took a leap into the unknown, starting as an independent agent. Little did she know then, that this one step would lead her to a fulfilling career as a Compliance Advisor today. During her early years, Dena handled [...]
Harvest Happily, Insure Wisely: Top Crop Insurance Harvest Reminders
Taking a little time for preparation and keeping key reminders about your crop insurance top of mind can be a game-changer, potentially sparing you from significant headaches. Harvest brings government-imposed rules and regulations governing the 'how' and 'what' of your actions. Fortunately, Precision Risk Management is here to provide you [...]
How to Take Advantage of New Crop Insurance Production Reporting Changes
In the ever-evolving world of crop insurance, Precision Risk Management (PRM) is committed to staying ahead of the curve for our customers. We're excited to announce policy changes made by the Risk Management Agency (RMA) that can greatly improve your crop insurance reporting. The Backbone of Change: Same-Year Production Reporting [...]
Wheat, Oat, Barley Harvest Prices Set
The Risk Management Agency (RMA) has set the Harvest Prices for Oat, Barley, and Wheat. The Harvest Prices are different for each state. The most common prices and states are shown in this chart. You can find any price at this link or contact your Risk Management Advisor. Oat, barley, and wheat [...]
