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What makes the rainfall index a good risk transfer tool for forage producers?

April 26, 2017forage good index PRODUCERS rainfall risk Tool transfer

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What makes the rainfall index a good risk transfer tool for forage producers?

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As “Rain makes grain” there is also the assumption that rain also makes forage. So following that reasoning, when rainfall is below average there tends to be low forage production and when there is above average precipitation a livestock producer would expect abundant forage production.