The USDA Risk Management Agency developed the Rainfall Index Pasture, Rangeland and Forage (PRF) insurance program to provide coverage against lack of rainfall. Available in the 48 contiguous United States, PRF insurance was created because ranchers and hay producers were historically unable to insu
Body condition in beef cows can affect reproductive performance, overall productivity and longevity in the herd. These energy reserves can significantly impact specific stages of the production cycle. The amount of body fat or body condition a cow has at calving affects the postpartum to estrus in
The Rainfall Index - Annual Forage (RI-AF) Insurance program allows livestock and hay producers to purchase an insurance policy designed to provide coverage against the lack of precipitation on acreage planted annually to forage, graze or as hay for livestock. RI-AF is currently offered in Texas, Ok
Our ‘Why I Chose FBN ’ series features stories from employees across different roles, teams, and geographies on how they got to FBN , what it’s like to work here, and how their teams help fulfill our mission of putting Farmers First®. When did you join FBN ® , what is your current role at FBN , wher
Executive Summary The price of farmland in Illinois grew 25% year-on-year, commanding more than $10,300 per acre. This follows a 5% increase in 2021., High valuations brought a historically significant volume of acreage to the market in 2022, surpassing the previous record in 2021. These increases w
Executive Summary The price of farmland in Minnesota grew 25% year-on-year, commanding more than $6,200 per acre. This follows a 12% increase in 2021., High valuations brought a historically significant volume of acreage to the market in 2022, surpassing the previous record in 2021. These increases
Executive Summary The price of farmland in Iowa grew 17% year-on-year, commanding more than $11,100 per acre. This follows a similar 17% increase in 2021., High valuations brought a historically significant volume of acreage to the market in 2022, surpassing the previous record in 2021., These incre
Since its founding, FBN® has revolutionized the Ag sector by using innovative technology to improve data transparency and accessibility, and streamline the online shopping experience for farmers and ranchers. Now we’re applying that same innovative approach to our crop and livestock insurance covera
Livestock Risk Protection (LRP) allows cattle and swine producers to protect against declining market prices and ensure their peace of mind. In the event that prices fall, livestock are still covered and allow the producer to realize the upside on the cash market. There are a number of different cov
The USDA Risk Management Agency (RMA) has an insurance program for ranchers and beekeepers insuring against the lack of precipitation in 2-month non-overlapping intervals throughout the year. The Insurance program is called Rainfall Index and is better known as either Pasture, Rangeland and Forage (