With: Jay Parsons, Professor and Director, UNL Center for Agricultural Profitability

The Annual Forage Insurance Program (AFIP) is precipitation risk management tool available for annual forages planted on cropland with intended use as livestock feed or fodder. The insurance is available in all counties of Nebraska. It is a rainfall index product much like the popular Pasture, Rangeland, Forage (PRF) insurance.

In Nebraska, use of the AFIP has grown almost three-fold in the last five years. Over that period, over 90% of policies were indemnified with indemnities exceeding producer premiums collected by over eighty percent. The current sign-up period for Annual Forage insurance ends July 15 for annual forages planted from August 1, 2025 through July 31, 2026. In this webinar, we will discuss how AFIP coverage works, sign-up decisions that need to be completed by July 15, and performance of the product over the last several years.