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Utilizing a Web Based Decision Tool for Crop Insurance Workshops

Ryan Larsen

Summary

Weather risk is a key factor for Utah farmers and ranchers. Two key issues exacerbate weather risk in Utah. First, Utah is the second driest state in US. Second, Utah farmers and ranchers depend on public grazing lands for their forage production. Even minor changes in precipitation dramatically influences forage availability for livestock. The introduction of Pasture, Range, and Forage (PRF) insurance that is based on a rainfall index has become a useful tool for managing weather risk. Utah State University Extension developed an online insurance decision tool to help producers analyze and understand PRF insurance better. The decision tool was utilized in 2018 during crop insurance workshops throughout Utah. This presentation will focus on the results of utilizing the decision tool during workshops and lessons learned from developing a web-based decision tool.

Details

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