Protect your crops and livestock from the #1 Farm Insurer

Leave it to the farm experts to ensure your crops and livestock are properly protected at the right price.  Learn more about Federal Crop Insurance Programs including Multi-Peril Crop Insurance,  Livestock Risk Protection,  Livestock Gross Margin, Dairy Revenue Protection, Area Risk Insurance Plans and Rainfall Index.

Crops Covered by Multi-Peril Crop Insurance

Insurance protection for your crops from unavoidable loss of production due to a wide range of natural causes.

Like all insurance, Multi-peril crop insurance (MPCI) is a risk management tool; a way for farmers to purchase protection and guarantees on a crop, in many cases, before its even in the ground. MPCI is designed to help farming operations weather the weather mother nature creates each year. Many weather events are covered under most MPCI policies for insurable crops; drought, excess moisture, disease, fire, insect damage, hail, wildlife damage, and more. Some MPCI plans with revenue protection also help protect against changes in the market price. Multi-peril policies are also combined with hail policies for even more complete protection.

Individual Multi-Peril Crop Insurance Plans

These plans of insurance are based on an individual’s…

Actual Production History (APH) plan of insurance provides protection against a loss in yield. An actual yield that is less than a policy’s guaranteed yield would be paid a loss. (Available only on select crops). Pricing is set based on RMA price elections.

YIELD PROTECTION COVERAGE (YP) provides protection (for many crops not covered under the APH policy) against a loss in yield. Pricing is set in based on Commodity Exchange Price Provisions (CEPP) determined prices.

REVENUE PROTECTION COVERAGE (RP) – Also available with Harvest Price Exclusion (HPE) option. RP protections against a loss of revenue caused by price increase or decrease, low yields or in combination by guaranteeing a set revenue amount. Pricing is set in based on Commodity Exchange Price Provisions (CEPP) determined prices. HPE policies exclude the Harvest price.

WHOLE FARM REVENUE PROTECTION (WFRP) –For a farm with a wide variety of commodities produced, WFRP covers many commodities under a single policy designed around an operation’s revenue.

Livestock Risk Protection and Livestock Gross

Just like crops, livestock can be insured to help protect a farming operation. With uncertainty of costs of feed and fluctuating market prices, livestock insurance allows a farm to mitigate risk. To help mitigate risk, livestock insurance products can protect a floor price to insurance against dramatic declines in price for the livestock or a change in an expected gross margin for certain livestock.

Both Livestock Risk Protection and Livestock Gross Margin policies have multiple sign-up times throughout the year.

Livestock Risk Protection (LRP)  for Fed Cattle, Feeder Cattle, Swine or Lambs. A LRP policy for any of these commodities protects against the decline in the market price.

Livestock Gross Margin (LGM) for Dairy, Fed Cattle & Swine.

  • Dairy Cattle: Protects against the loss of gross margin (market value of milk less feed costs) on the milk produced.
  • Fed Cattle: Protects against the loss of gross margin (market value of cattle less feeder cattle and feed costs) on fed cattle.
  •  Swine: Protects against the loss of gross margin (market value of hogs less feed costs) on hogs.

Dairy Revenue Protection

Dairy Revenue Protection (DRP)  is an area-based revenue product designed to insure against unexpected declines in the quarterly revenue from milk sales relative to a guaranteed coverage level. Producers may cover up to 95 percent of their expected quarterly revenue. At the end of the insurance period, if the actual milk revenue is below the final revenue guarantee, the producer may receive an indemnity payment for the difference between the final revenue guarantee and the actual milk revenue multiplied by the share and protection factor.

Other Crop and Livestock Risk Management Tools

Area Risk Insurance Plans

Area Risk Insurance Plans are plans of insurance are based on county-wide production and losses. Losses are not determined based on an individual’s production. Losses are paid only if a country’s average yield or average revenue falls below the trigger yield or trigger revenue. NASS determines a counties revenue and trigger yield.

  • AREA YIELD PROTECTION (AYP) protects against a county-wide yield loss, not based on an individual farm’s production.
  • AREA REVENUE PROTECTION (ARP) – Also available with Harvest Price Exclusion (HPE). ARP protects against a county-wide revenue loss or yield loss. ARP is not based on an individual farm’s production. HPE policies exclude the Harvest price.

Rainfall Index for Pasture, Rangeland, and Forage (PRF):

Rainfall PRF plans cover a decline in rainfall indices and covers acreage for pasture, rangeland, or forage for perennial haying and/or grazing. Rainfall Index plans are an area or group-based policy, not based on an individual’s losses. This policy protects against forage loss due to lack of precipitation throughout the selected interval months. Rainfall indices use weather data from National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center. Each grid is roughly 12 miles x 12 miles. Indemnities are paid when a grid’s final index is below the grid’s trigger index.

Hail Coverage for Crops (including Hemp)

We know that the livelihood of farmers can depend on the weather. And in Wisconsin, it’s hard to tell what the season will bring. Know what your crop hail insurance covers and what types of situations apply:

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5% Farm Dividend Declared for 2020

Estimated $2.5 million to be paid out in 2020

For the third year in a row since Rural Mutual established the first-of-its-kind Farm Dividend Program, the Board of Directors declared a 5% dividend on all eligible farm policies to be paid in 2020. See how you can qualify!

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