Documentation and Recordkeeping for Whole-Farm Revenue Protection (WFRP)

WFRP-tipsheet.png

Digital Price:

 Free

Print Price:

 $3.00

By Martin Guerena, NCAT Sustainable Agriculture Specialist

Published: December 2018

Updated: n/a

© NCAT

IP571

4 pages


Introduction

Whole-Farm Revenue Protection is a safety net that provides benefits to diversified, specialty-crop, and organic producers who were previously underserved by crop insurance. This publication provides tip and a starting off point for exploring your WFRP options.

Table of Contents

Introduction
Is WFRP right for me?
Records Required for WFRP
Use Your Schedule F Tax Forms to Fill Out the Following WFRP Documents
What Considerations Should I Take Into Account If I Am a Livestock Producer?
Using Whole-Farm Revenue Protection for Livestock
Coverage
Expected Value / Expected Revenue
Categorizing Your Livestock
Market Animal and Nursery Inventory Report
Resources

Note: Digital downloads are in full color. Printed, mailed copies are only available in black & white.

 

This page was last updated on: December 5, 2018