What is typically true about the Pasture, Rangeland, and Forage (PRF) program?

The Pasture, Rangeland, and Forage (PRF) program is designed specifically to provide coverage for losses in forage production due to a lack of precipitation. This program is particularly beneficial for livestock producers, as it helps mitigate the financial impact of drought conditions when insufficient moisture adversely affects pasture and forage availability. By purchasing this insurance, producers can receive payments during periods of drought, ensuring they have the necessary resources to care for their livestock.

In contrast, other options do not accurately reflect the primary focus of the PRF program. While some insurance options may address crop losses from hail or other weather-related issues, the PRF is specifically tailored toward forage and pastureland. Additionally, the program is available in various regions, including those classified as high-risk areas, to assist producers in managing the uncertainties associated with climate variability.