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August 3, 2016
Livestock Insurance, Breakout session presentations
Drought is significant: major event 1 year in 5?
How much land are we talking about?
15.5 million acres of permanent pasture
308,000 acres of woodland pastures
2.2 million acres of alfalfa, tame & wild hay
18.0 million acreseligible for PRF
Source: 2012 Census of Agriculture
How much is 18 million acres? How many are insured?
Crop …
August 1, 2019
Breakout Sessions
Months
2019 Risk & Profit
0
20
40
60
80
100
120
Num
ber
of R
espo
nden
ts
East Region CalvingCentral Region CalvingWest Region Calving
Hay Feeding Season Length
2019 Risk & Profit
0%
5%
10%
15%
20%
25%
30%
35%
40%
45%
151 days
East … Month
2019 Risk & Profit
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Market Calves
Market Feeders
Length of Hay Feeding Season (2018)
2019 Risk & Profit
7 …
August 1, 2021
Breakout Sessions
2020: 94,177 acres with > $16 million liabilities
https://www.southwest.k‐state.edu/documents/2018‐JohnHolman‐Annual‐Forages.pdf
PRF and AF use increased substantially in 2021
PRF acres enrolled in 2021
Annual Forage more common in western KS
PRF acres equivalent to 20‐40% of acreage
in some counties
Ratio of PRF to cattle inventory implies
similar patterns
PRF vs self‐insurance costs (introduction)
• Cost and yield of hay in Kansas (forage)
• …
2021 Risk and Profit Conference Recordings
2020: 94,177 acres with > $16 million liabilities
https://www.southwest.k‐state.edu/documents/2018‐JohnHolman‐Annual‐Forages.pdf
PRF and AF use increased substantially in 2021
PRF acres enrolled in 2021
Annual Forage more common in western KS
PRF acres equivalent to 20‐40% of acreage
in some counties
Ratio of PRF to cattle inventory implies
similar patterns
PRF vs self‐insurance costs (introduction)
• Cost and yield of hay in Kansas (forage)
• …
March 20, 2023
Ag Law Issues
The landowner needed the hay cut and agreed orally that … the plaintiff could cut the hay when
necessary. Thehay was cut on an annual basis … three years of
cutting the hay, the landowner wanted to …
November 1, 2011
Beef Cattle
period herd of total
Cane hay1 31.00 $0.0650 $2.02 $241.80 … economic value associated with hay
waste also increases. One … the easiest ways to
reduce hay waste is to feed …
June 15, 2015
Risk Management Strategies
cover crop, but they cannot hay, or
graze the cover crop …
May 8, 2017
Risk Management Strategies
2
For the example above, the producer could take 35 percent of the wheat indemnity, or $48.20 per acre, then plant
grain sorghum as a second crop, and insure it. If the grain sorghum has no loss, the producer would receive the
remaining 65 percent of the wheat indemnity, $89.50 per acre, once the grain sorghum crop was harvested. A second
option would be to take the entire wheat indemnity of $135.70 per acre, still plant the grain sorghum, but leave it
uninsured.
What should producers do with the damaged wheat crop in the meantime? Again, producers need to wait until an
adjuster inspects their fields and releases the acres before taking other steps. Once an adjuster has made an
appraisal and the acres are released, a producer may handle the damaged crop in any manner he/she desires. This
includes making hay or silage from the damaged crop, if conditions permit.
These rules apply for wheat that HAD NOT already headed out. Of course, plant maturities vary widely across the
storm area due to different varieties, planting dates, etc., and some wheat had already headed out. Wheat which had
in fact headed out prior to this storm is of course eligible for a full indemnity, but no second crop may be insured.
If the damaged wheat was a summer‐fallow crop and it is destroyed by June 1, producers can go back and plant
wheat on those same acres this fall and have them considered as grown under summer‐fallow practice. If the
damaged wheat is not destroyed by June 1 and wheat is planted there again this fall, it would be considered
continuous cropping wheat.
Producers are reminded to consult with their crop insurance agent to ensure compliance with insurance program
rules and maintain their eligibility for insurance coverage.
…
February 27, 2018
Risk Management Strategies
yield when
acres are grazed, hayed, chopped for silage, etc …
May 14, 2018
Risk Management Strategies
yield when acres are grazed, hayed, chopped for silage, etc …