Safety Net Widens for the Whole Farm

Jake Jacobs, UVM Agricultural Risk Management Education Coordinator

Whole-Farm Revenue Protection (WFRP) allows producers, who previously had limited access to a risk management safety net, to now insure all of their farm’s commodities at one time. This coverage protects crop diversity on the farm, which directly supports the production of a wider variety of food. As the first crop insurance policy available nationwide, WFRP is tailored for any farm with up to $8.5 million in insured revenue, including farms with specialty or organic commodities (both crops and livestock), or those marketing to local, regional, farm-identity preserved, specialty, or direct markets.

To make participation easier for more beginning farmers and ranchers, USDA’s Risk Management Agency (RMA) has reduced the number of required records from five to three historical years, plus farming records from the past year. Additionally, any beginning farmer and rancher may qualify by using the former farm operator’s federal farm tax records if the beginning farmer or rancher assumes at least 90 percent of the farm operation.

And to address expanding operations, RMA increased the cap on historical revenue to 35 percent from its previous 10 percent, to better allow growing farms the opportunity to cover their growth in the insurance guarantee.

RMA’s Whole-Farm Revenue Protection pilot program was introduced in the 2015 insurance year. Starting with the 2016 insurance year, the new program was expanded and became available in all counties in the United States, a first for the federal crop insurance program. For more information, see this program fact sheet and to discuss options, see a crop insurance agent.


About Suzy Hodgson

Suzy works on and writes about issues at the intersections of risk, climate, environment, and economics in farming including food, fiber, waste, and energy. She is based at UVM Center for Sustainable Agriculture.
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