Risk Management

Risk Management with Ag Partners Cooperative


At Ag Partners, we recommend that Multi-Peril Crop Insurance (MPCI) always be an integral part of any farm's risk management strategy. There is no other way to protect the number of bushels or revenue per acre that the MPCI program can at the premiums per acre that it costs. That is due to a shared governmental investment in those premiums to help mitigate disasters in a much better way than the ad hoc programs can. 

Crop Insurance Products

Ag Partners offers a complete selection of crop insurance products to help cover the unknown risks that can be problematic for a profitable year. Risks like weather or falling markets can be greatly reduced or eliminated by putting a guarantee on the minimum amount of revenue per acre you will receive. The list of Federal MPCI programs that we offer include:

  • Revenue Protection
  • Yield Protection 
  • Pasture Rangeland Forage (PRF)
  • Supplemental Coverage Option
  • Actual Production History
  • Area Revenue Protection
  • Area Yield Protection
  • Supplemental Coverage Option
  • Whole Farm Revenue Protection

Private Products

We also offer an extensive line of private products as well, including:

  • Crop Hail insurance
    • Crop Hail
    • Production Plan
    • Green Snap and Wind
    • Field Fire
    • Vandalism
    • Companion
  • Variable Interval Product (VIP)
    • Adds intervals of price discover
    • Potentially increase your total revenue coverage on RP/ARP plan

Input Financing Program

 The Cooperative Finance Association, Inc.

CFA’s Input Financing Program (IFP) offers a variety of loan products to fit your crop production needs.

Benefits include:
  • Convenient loan application and quick approval process
  • Secured and unsecured loans (depending on size and credit quality)
  • Non-revolving line of credit with limits designed to fit the needs of the producer
  • Competitive variable interest rates
  • Flexible maturity dates with no prepayment penalty
  • Funding for fertilizer, chemical, seed, custom application and fuel
  • Convenient one-stop shopping
  •  Financing through knowledgeable people in production agriculture

Crop Insurance Partners

Ag Partners proudly works with strong industry partners to provide some of the best services available.



Input Financing Partners

In addition to CFA Input Financing, we also offer our customers financing through John Deere and Rabo AgriFinance. 



Crop Insurance News

Crop Insurance Minute

MPCI spring crop beginning reference price (current through 2018)

CROP 2020 2019 HP 2018 HP
Corn $3.88 $4.00 $3.90 $3.96 $3.68
Grain Sorghum $3.69 $3.94 $3.84 $3.96 $3.56
Soybeans $9.17 $9.54 $9.25 $10.16 $8.60

HP=Harvest Price set in fall

Pasture, Range, Forage Insurance

Jim Ward, Director of Risk Management

This is an option for insuring your brome, alfalfa, prairie grass, or other forage type hay. It is highly subsidized, cost-effective, and has a history of frequent payouts. It works off of satellite-tracked rainfall amounts recorded in two-month intervals (up to 6) over a 17-mile grid. Premiums for grazing run about $2-$4/acre and haying runs around $18-$24 (at 90% coverage and 100% productivity factor). 

For this grazing example, we will calculate the 10 year average (2009-2018) for grid 23836, which has Seneca and Baileyville within its borders. We will split the year into five (Jan/Feb, Mar/Apr, May/Jun, Jul/Aug, Sept/Oct) 17% intervals and 1 (Nov/Dec) 15% interval. The average payment per acre would be $6.59 with an out-of-pocket cost of $4.06 per acre. That means that for every $1 spent you would receive $1.62. Again, this is a 10 year average. Excessive rainfall years like 2019 wouldn’t pay. If you would like to run your own estimates here is the RMA website https://prodwebnlb.rma.usda.gov/apps/prf . 

For more information please call Jim Ward at 785-741-1652. 

The sales closing date for PRF is November 15th.

Ag Partners Finance & Insurance Team