Insurance for Annual Forages (June 27, 2024 Webinar)

With Jay Parsons, Professor and Director, UNL Center for Agricultural Profitability. Many producers are planting annual forages on cropland for use as livestock feed. Insurance for annual forages is available in the form of a rainfall index product much like the popular Pasture, Rangeland, Forage (PRF) insurance available for perennial forages. The Annual Forage Insurance Program (AFIP) is available in all counties of Nebraska, Colorado, Kansas, New Mexico, North Dakota, Oklahoma, South Dakota, and Texas. Use of the program continues to grow with acres insured with AFIP in Nebraska more than doubling between the 2022 and 2023 crop years. Several changes to the AFIP took effect last year. The current sign-up period for Annual Forage insurance ends July 15 for annual forages planted from August 1, 2024 through July 31, 2025. We will discuss these changes and tips for how to integrate Annual Forage insurance coverage into your program.