Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   

Agricultural News


USDA Seeks Public Comments on Recommendations for Pasture, Rangeland, Forage Rainfall Index Crop Insurance Program

Mon, 21 Sep 2020 11:27:43 CDT

USDA Seeks Public Comments on Recommendations for Pasture, Rangeland, Forage Rainfall Index Crop Insurance Program The U.S. Department of Agriculture's (USDA) Risk Management Agency (RMA) today announced it is seeking public comments on recommended improvements to the Pasture, Rangeland, Forage (PRF) Rainfall Index Crop Insurance Program by November 5, 2020. RMA contracted for an independent evaluation of the PRF program to determine its effectiveness as a risk management tool for livestock producers.

"We want to be sure that the recommendations RMA implements are good for the industry and good for livestock producers," said RMA Administrator Martin Barbre. "We are always looking for feedback and making adjustments to ensure that our insurance products protect producers and help them manage their risk, including lack of rainfall, and protect the integrity of the program."

In addition to the PRF program, the recommendations could be applied to other Rainfall Index programs such as Apiculture and Annual Forage, therefore RMA recommends that all interested parties submit comments by November 5, 2020. RMA will review all comments and determine what recommendations should be implemented for the 2022 crop year.

The independent evaluation includes several recommendations, including:
• Adjusting the County Base Value (CBV) productivity range;
• Better targeting of indemnities;
• Focusing PRF on viable forage production areas;
• Focusing coverage on risk-reducing intervals;
• Taking an alternative approach to reducing frequent shallow losses; and
• Modifying the CBV.

Details on the recommendations are published in a report available on the RMA website for public review and comment. Comments can be submitted via email to rma.kcviri@usda.gov or by mail to Director, Product Administration and Standards Division, Risk Management Agency, United States Department of Agriculture, P.O. Box 419205, Kansas City, MO 64133-6205.

RMA is authorizing additional flexibilities due to coronavirus while continuing to support producers, working through Approved Insurance Providers (AIPs) to deliver services, including processing policies, claims and agreements. RMA staff are working with AIPs and other customers by phone, mail and electronically to continue supporting crop insurance coverage for producers. Farmers with crop insurance questions or needs should continue to contact their insurance agents about conducting business remotely (by telephone or email). More information can be found at farmers.gov/coronavirus.

Crop insurance is sold and delivered solely through private insurance agents. A list of insurance agents is available online using the RMA Agent Locator. Learn more about crop insurance and the modern farm safety net at rma.usda.gov.


   
                                     

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Fusionware Announces John Deere Integration to Optimize Farming Operations   Thu, 06 Oct 2022 12:40:47 CDT
  • OSU Scientists Helping to Seek Cure for Tuberculosis  Thu, 06 Oct 2022 12:11:40 CDT
  • As Drought Burdens Producers, OSU's JC Hobbs Provides Tax Tips for Farmers and Ranchers  Thu, 06 Oct 2022 11:59:08 CDT
  • Collaboration Will Propel Advancements  Thu, 06 Oct 2022 11:25:27 CDT
  • NCBA Urges EPA to Press Pause on New WOTUS Rulemaking  Thu, 06 Oct 2022 10:32:07 CDT
  • Beef Industry Scholarship Applications Are Now Available for Undergraduate Students  Thu, 06 Oct 2022 10:05:07 CDT
  • Oklahoma Drought Levels Rise in All Categories This Week, But Chance of Rain In Forecast   Thu, 06 Oct 2022 09:43:41 CDT
  • Market Update with Paul Dykstra-Texas Grade Tumbles   Thu, 06 Oct 2022 09:21:23 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       

       

    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.