Precision Risk Management

Precision Risk Management PRM provides crop insurance solutions to manage production risk with a focus on technology. PRM is an equal opportunity provider

At Precision Risk Management, we know that when it comes to crop insurance, you need a partner who truly understands farming.

The future crop year may seem far away, but risk management decisions start now.MP and MCO are currently in price discov...
09/01/2026

The future crop year may seem far away, but risk management decisions start now.

MP and MCO are currently in price discovery. The September 30 sign-up deadline for both products is coming up fast. ECO remains an option with a March 15 deadline in Spring.

If you're considering protection against commodity price changes, input costs, and yield risk, now is the time to review your options.

Learn more about all three products at the link below: https://precisionriskmanagement.com/products/mpci/comparison/

Winter wheat harvest price is in!The 2026 South Dakota winter wheat harvest price settled at $7.00/bu, up from the $5.75...
08/17/2026

Winter wheat harvest price is in!

The 2026 South Dakota winter wheat harvest price settled at $7.00/bu, up from the $5.75 projected price.

That higher price means a stronger revenue guarantee and increased protection for insured growers with RP policies.

See how the harvest price increase could impact your coverage and potential claim payments:

What They Mean for Your Increased Protection The harvest price discovery period for winter wheat has wrapped up. The Risk Management Agency (RMA) has released the final 2026 harvest prices for winter wheat, winter and spring barley, and rye.  The South Dakota

Prevented Planting Buy-Up is back.RMA announced that it is reinstating the option to purchase an additional 5% of preven...
08/14/2026

Prevented Planting Buy-Up is back.

RMA announced that it is reinstating the option to purchase an additional 5% of prevented planting coverage.

Does the return of the 5% buy-up change your 2027 risk management strategy?

Learn more: https://precisionriskmanagement.com/news/prevented-planting-buy-up-reinstatement/

USDA's Risk Management Agency (RMA) announced that it is reinstating the option to purchase an additional 5% of prevented planting coverage.  The prevented planting (PP) buy-up was removed from the program ahead of the 2026 spring crop year. This option is now available to them once

As we celebrate our nation's independence and the hardworking communities that keep America growing, Precision Risk Mana...
07/02/2026

As we celebrate our nation's independence and the hardworking communities that keep America growing, Precision Risk Management offices will be closed on July 3. Have a safe and happy Independence Day!

07/01/2026

Claims with integrity and empathy. That's the Precision Risk Management way. In this video, PRM Director of Claims Gary Knaack walks through what to expect during the claims process and how our team works to make every step as seamless as possible.

The 2025 county yields and revenue for ECO have been released by RMA. Want to SEE how your county performed? Explore PRM...
06/25/2026

The 2025 county yields and revenue for ECO have been released by RMA. Want to SEE how your county performed? Explore PRM's interactive tool:

See How Your County Performed The Risk Management Agency (RMA) has released the final county yields and revenues that determine how Enhanced Coverage Option (ECO) performed for crop year 2025. Because ECO relies on collected production data after harvest, there is always a short lag before final

Input costs rose substantially from their projected levels set last fall. For MCO policyholders, this is one factor that...
05/26/2026

Input costs rose substantially from their projected levels set last fall. For MCO policyholders, this is one factor that could contribute to future loss payments. PRM breaks down what these input costs mean:

BIG PRICE SWINGS AND WHAT THEY MEAN  The window is now closed, and the final harvest input prices are in for Margin Coverage Option (MCO). Input costs rose substantially from their projected levels set last fall. For MCO policyholders, that is a meaningful development. We will showcase 3 county

Landowners with acres potentially eligible to enroll as base acres for USDA commodity programs should get notifications ...
05/22/2026

Landowners with acres potentially eligible to enroll as base acres for USDA commodity programs should get notifications sometime in the next month informing them about their eligibility.
Read more from DTN:

USDA Undersecretary for Farm Production and Conservation Richard Fordyce said landowners should start to receive notifications within the next month about whether they have farmland eligible for enrollment in base acres. Fordyce also acknowledged at least some local county offices are facing staffin...

RMA announced a change to the rainfall data source used in PRF and Annual Forage. PRF’s transition date is this summer. ...
05/11/2026

RMA announced a change to the rainfall data source used in PRF and Annual Forage. PRF’s transition date is this summer. Learn more about the change here:

The USDA Risk Management Agency (RMA) announced a change to the rainfall data source used in several Federal crop insurance programs. This update will affect programs that use precipitation data to calculate coverage and indemnities, including Pasture, Rangeland, Forage (PRF). The change moves rainf...

Address

101 N Phillips Avenue
Sioux Falls, SD
57101

Opening Hours

Monday 8am - 5am
Tuesday 8am - 5:15pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+16052717998

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