by NuMedia | Nov 19, 2021 | Federal Products
LIVESTOCK GROSS MARGIN (LGM) Livestock Gross Margin Insurance provides protection against the loss of gross margin (market value of livestock, or livestock products, minus feed costs). LGM uses futures prices to determine the expected gross margin and the actual gross...
by NuMedia | Nov 19, 2021 | Federal Products
LIVESTOCK RISK PROTECTION (LRP) Livestock Risk Protection is designed to protect against declining market prices. A variety of coverage levels and insurance periods are offered that match the time the livestock would normally be...
by NuMedia | Nov 12, 2021 | Federal Products
ENHANCED COVERAGE OPTION The Enhanced Coverage Option (ECO) provides area-based coverage for a portion of the underlying crop insurance policy deductible. Overview of Enhanced Coverage Option (ECO): Similar to the Supplemental Coverage Option (SCO), the Enhanced...
by NuMedia | Nov 12, 2021 | Federal Products
SUPPLEMENTAL COVERAGE OPTION The Supplemental Coverage Option (SCO) is a county-level revenue-based or yield-based optional endorsement that covers a portion of losses not covered by the same crop’s underlying crop insurance policy. SCO can be elected only when a...
by NuMedia | Dec 31, 2019 | Federal Products, Programs
CROP INSURANCE Margin Protection is a crop insurance coverage option that provides producers with coverage against an unexpected decrease in their operating margin caused by: Reduced county yields Reduced commodity prices Increased price of selected inputs Any...
by NuMedia | Dec 31, 2019 | Federal Products, Programs
CROP INSURANCE PASTURE, RANGELAND, FORAGE The Risk Management Agency (RMA) Pasture, Rangeland, and Forage (PRF) Pilot Insurance Program is designed to provide insurance coverage on your perennial pasture, rangeland, or forage acres. This innovative pilot program is...
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