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The Risk Management Agency (RMA) issued Informational Memorandum OA-20-004 requesting comments for the contracted evaluation of the Pasture, Rangeland Forage (PRF) Rainfall Index Crop Insurance Program Indexing and Rating Methodology. The primary purpose of the contract was to conduct a comprehensive review of the product design and the County Base Values to determine if the program is an effective risk management tool for livestock producers.
The Risk Management Agency (RMA) contracted for an independent evaluation of the Pasture, Rangeland, Forage (PRF) Rainfall Index Crop Insurance Program Indexing and Rating Methodology. The primary purpose of the contract was to conduct a comprehensive review of the product design and the County Base Values to determine if the program is an effective risk management tool for livestock producers.
Rainfall Index (RI) is based on weather data collected and maintained by the National Oceanic and Atmospheric Administration's Climate Prediction Center. The index reflects how much precipitation is received relative to the long-term average for a specified area and timeframe.
As of May 19, 2015 the following information is now available on the FTP site:
Users can find this information in the following directories:
Additional notes and details regarding this data release:
