PRM Stories

Welcome to the 2023 multi-peril crop insurance year with Precision Risk Management. We are extremely honored you have chosen PRM to provide your crop insurance and allow us to assist you all year. Every team member promises to support you and your operation in any way we can. Crop insurance [...]

The Price Discovery Period is over and the 2023 commodity prices for crop insurance are set.  These set the initial price of a bushel for crop insurance policies. Key Take Aways Final crop insurance numbers can be finalized Prices still are higher than recent history Premiums on average are slightly [...]

Trends to Track Weather can have a significant impact on the success of crops, and every farmer knows the devastating effects of a hailstorm over an operation. Hailstones can range in size from small pellets to grapefruits, and they can fall at high speeds from the sky, pummeling fields and [...]

Have you felt that the last few years have been “more extreme” with the type of weather that we have and the damage you have seen as a result? Is that truly the case across the High Plains and Midwest? The more frequent extreme weather brings more risk to an [...]

Top producers can’t afford inaccurate crop insurance. Utilizing the traditional ways of reporting crop insurance may be causing growers to be overpaying on premiums and reduce overall profitability. Precision Risk Management does crop insurance differently than any other provider. Traditional FSA/CLU maps can overestimate your premium and provide coverage to [...]

Trends to Track Some parts of the country are turning to mud pits while others are completely frozen. Spring is not yet here but the conditions of today will affect the soil temperature and moisture conditions for planting. At planting, these factors directly affect seed germination and the growth of [...]

The not so tough choice Farmers have a choice to make for their FSA election: Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC). Growers can only choose one and must select by March 15th. While either program is going to provide some protection, the overwhelming consensus is to select [...]

Trends to Track Crop insurance helps protect your operation from perils caused by mother nature. While there is nothing we can do to prevent damaging weather or weather trends, all growers need to be aware of how they can affect their operation. Meteorologist Lucy Bergemann partners with PRM to break [...]

Key Takeaways - The Discovery Period will set the initial crop price for crop insurance policies - This price is determined by averaging future contracts in Feb - Base price will determine many parts of crop insurance policies such as guarantees per acre - A second discovery period will happen [...]

The Top Producer Summit brings together some of the largest and most efficient producers in North America. The Top Producer Summit Banquet honors the producers pushing the boundaries of agriculture. Winners of the Top Producer award are not about having the largest operations. It is about bringing innovation, community and [...]