USDA is improving crop insurance options for small and diversified farmers through the Whole-Farm Revenue Protection (WRFP) and Micro Farm insurance plans.
“These are two of the most comprehensive risk management plans available, and they are especially important to specialty crop, organic, urban, and direct-market producers,” said Risk Management Agency Administrator Marcia Bunger in a statement.
Some improvements to WRFP include allowing all eligible producers to qualify for 80% and 85% coverage levels, expanding yield history to a 10-year maximum (from 4 years) for all crops not covered by another federal crop insurance policy, and making the policy more affordable for single commodity producers.
Some Micro Farm improvements include moving the sale’s closing date to a less busy time of year to help agents dedicate time to marketing the program, allowing producers to purchase other federal crop insurance with Micro Farm, and allowing vertically integrated entities to be eligible for Micro Farm.
For more information on the policies and recent updates, visit rma.usda.gov.
