USDA PUTS RANCHERS IN PRISON FOR PRF FRAUD

Here is the link to the article: District of Colorado | Two Southeastern Colorado Farmers Sentenced to Federal Prison and Will Pay Over $6.5 Million for Defrauding Federal Crop Insurance Programs | United States Department of Justice

Beware of “No Premium” PRF Policies

Contact USDA Before Agreeing to a “No Premium” PRF Policy Recent schemes may allow those without an insurable interest to benefit from USDA insurance program. If something sounds too good to be true, it probably is. Recently, different schemes have been devised that,...

RMA Addresses PRF Schemes

Recently, various schemes have been devised connecting, directly or indirectly, livestock producers enrolled in USDA’s Pasture, Rangeland, and Forage (PRF) program to investors and/or lending-type entities. While the specifics vary, the livestock producer generally...

What you Need to Know about LRP

USDA’s Livestock Risk Protection Insurance for Feeder Cattle: Protecting Livestock Producers Written by: Brandon Willis Unpredictable market conditions and price fluctuations can pose significant risks to livestock producers. To help mitigate these risks, the...