Growing with Confidence: An Introduction to Crop Insurance

Growing with Confidence: An Introduction to Crop Insurance Native Agricultural Financial Services hosts a recorded webinar on crop insurance, moderated by Ty Ducheneaux, featuring Marcia Bunger, a South Dakota farmer and former FSA county executive director and USDA Risk Management Agency administrator. Bunger explains how crop insurance helps manage weather, yield, and price risks, why lenders often require it, and how USDA RMA, approved insurance providers, and agents work together. Using corn and wheat examples, she outlines premiums, coverage levels, APH yields, revenue protection, and how indemnities are calculated, noting federally subsidized premiums and the importance of agent service. Ty reviews Pasture, Rangeland, and Forage (PRF) rainfall-index coverage and livestock products including LRP and LGM with examples. Bunger also summarizes key USDA/FSA programs such as NAP, Whole Farm/Microfarm options, LIP, LFP, ARC/PLC, and commodity loans, and highlights major enrollment deadlines and beginning farmer premium discounts. 00:00 Pre Webinar Introductions 03:42 Housekeeping And Program Overview 06:19 Meet Marcia And Her Background 11:39 Why Crop Insurance Matters 13:42 How RMA AIPs And Agents Work 16:35 Premiums Coverage And Key Terms 20:17 Row Crop Loss Examples 27:42 PRF Pasture Rangeland Forage 32:11 Livestock Insurance LRP And LGM 38:06 USDA FSA Programs NAP LIP LFP 44:16 Discounts And BIA Lease Eligibility 47:12 Wrap Up Deadlines And Resources ______ Learn more: NativeAgFinance.org Join our Upcoming Events: NativeAgFinance.org/Events