Document Type

Other

Publication Date

9-1-2010

Keywords

pasture insurance, rangeland insurance, forage pilot insurance, south dakota

Extension Number

ExEx 5059

Department

Economics

Description

South Dakota has been selected to participate in one of two government-subsidized pasture, rangeland, and forage risk management pilot insurance programs. These programs were developed by the USDA Risk Management Agency (RMA) to provide livestock produc¬ers the ability to purchase insurance protection for losses of forage produced for grazing or harvested for hay. One pilot program is based on a rainfall index and is being piloted in 16 states other than South Dakota. The second pilot insurance program is based on a veg¬etation index. This program is being piloted in nine states, including South Dakota

Comments

Revised September 2010.

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