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Pasture, Rangeland, and Forage (PRF) Insurance has become an important risk management tool for livestock producers facing increasing precipitation variability. This presentation examines how PRF insurance works, evaluates alternative coverage strategies, and analyzes historical performance across Nebraska. Using examples from Nebraska grids and recent state and national program data, the presentation provides practical insights into using PRF insurance to manage forage production risk and increase financial resilience.
Presenter: Jay Parsons, Professor, Farm and Ranch Management Specialist and Director of the Center for Agricultural Profitability