Published Jan 13, 2015

Whole Farm Revenue Protection

By Practical Farmers of Iowa

 

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.