USDA Risk Management Agency Improves Whole-Farm Revenue Protection Plan
The Whole-Farm Revenue Protection plan provides risk management safety for all commodities on a farm with up to $8.5 million in insured revenue. To improve the flexibility of the plan and farmers’ access to it, the U.S. Department of Agriculture’s Risk Management Agency has revised the plan beginning with crop year 2022.
Improvements to the plan include:
- Increasing the expansion limits for organic producers to the higher of $500,000 or 35%.
- Providing more flexibility for organic producers who have requested organic certification by the acreage reporting date, allowing them to report acreage as either certified organic or as acreage in transition to organic.
- Allowing producers to report a partial yield history by allowing them to record zero yields for years in which they are missing records.
For more information, producers should contact crop insurance agents. A list of agents is available online using the RMA Agent Locator.