Are you a fruit or vegetable farmer who’s been waiting for insurance options that might work for you? Two promising options are available in 2015: Non-Insured Disaster Assistance Program (NAP) and Whole Farm Revenue Protection (WFRP).NAP, offered by Farm Services Agency (FSA), now provides 100 percent crop loss payback, with choices of crop loss threshold – a major improvement of past years. WFRP, offered by USDA Risk Management Agency (RMA), is a new insurance program. Listen in as Kevin McClure of FSA and Mark Shilts of RMA provide an overview of the two insurance options, and then work through costs and benefits of a sample farm provided by Emma Johnson of Buffalo Ridge Orchard.
March 18, 2015
Whole Farm Revenue Protection (WFRP) is a new type of crop insurance product being piloted by the USDA Risk Management Agency. Available to Iowa producers for the first time in 2015, WFRP will provide higher levels of coverage and lower premium costs than the previous whole farm crop insurance products. Agricultural economist Jeff Schahczenski, with the National Center for Appropriate Technology (NCAT), will review WFRP, outlining its benefits and its more challenging aspects, and beginning farmer Tony Thompson will provide farmer questions and insights.
January 13, 2015