The Annual Forage Insurance Plan is designed to meet the needs of producers planting annual forage crops for use such as livestock feed or fodder. This includes, but is not limited to, grazing, haying, grazing/haying, grain/grazing, green chop, grazing/green chop, or silage.
Similar to Pasture, Rangeland and Forage Insurance, the Annual Forage Insurance Plan is based off of rainfall index data provided by the National Oceanic and Atmospheric Administration Climate Prediction Center. With the Annual Forage Insurance Plan, producers are able to insure annual forage production value by dividing their liability across a series of two month intervals and insuring based on the Expected Grid Index representing the average precipitation data for the Grid ID. Each grid has a historic precipitation index calculated for it for each of the two month intervals dating back to 1948. The policy is designed to insure both irrigated and non-irrigated acres.