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University of Wisconsin-Extension
Articles > Economics, Budgets & Financial

▶ Watch: Focus on Forage Insurance

Written by Paul Mitchell and Pamela Stahlke
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The first Focus on Forage webinar in the 2024 series, Focus on Forage Insurance, aims to provide Wisconsin farms and agricultural professionals with current research-based recommendations regarding federal crop insurance tools available to manage production risk for Wisconsin forage growers, the differences between crop insurance for forage production versus grain production, and why forage insurance is not widely utilized in Wisconsin.

Discussions are led by Pamela Stahlke, Director of the St. Paul, Minnesota Regional USDA Risk Management Agency, and Dr. Paul Mitchell, Director of the Renk Agribusiness Institute and faculty in the Department of Agricultural and Applied Economics at UW–Madison.

Expand each section below for recordings of and resources related to each talk. To find more information about the Focus on Forage webinar series, visit the Focus on Forage website.

Risk Management Products for Wisconsin Forage Production

Presented by: Pamela Stahlke, USDA RMA

Learn about federal crop insurance tools available to manage production risk for Wisconsin forage growers. Which Wisconsin forage crops are eligible for production insurance? What is unique about crop insurance for forage production compared to grain production?

Additional Links:

  • On the USDA RMA Website, you can find:
    • Forage Seeding RMA Fact Sheet
    • Forage Production RMA Fact Sheet
    • USDA RMA PRF Support Tool
    • Whole-Farm Revenue Protection RMA Fact Sheet
    • Micro Farm Program RMA Fact Sheet

Decision-Making Strategies with Forage Insurance for Wisconsin Farms

Presented by: Dr. Paul Mitchell, University of Wisconsin–Madison

During the 2022 crop year, over 90% of Wisconsin corn, soybean, and potato production acres were covered by federal crop insurance. While forage crop production acres follow only corn and soybean in total managed acres in Wisconsin, less than 20% of these acres were covered by federal crop insurance. Why is forage insurance being utilized at such a low rate in Wisconsin? What type of forage systems benefit by reduced production risk from purchasing federal crop insurance?

Additional Links:

  • UW–Madison Extension Hay Market Report

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