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RMA Announces Changes to Whole-Farm Revenue Protection Policy for 2020

USDA Risk Management Agency (RMA) has announced several updates to the Whole-Farm Revenue Protection (WFRP) policy for the 2020 policy year that expand safety net options and flexibility for agricultural producers. Beginning with the 2020 policy, producers with Noninsured Crop Disaster Assistance Program (NAP) and WFRP may receive indemnity payments under both policies, but producers carrying NAP cannot receive a premium discount under the WFRP program. Also, the expected revenue limit for livestock and nursery is increasing from $1 million to $2 million. An additional change is that several measures will now be available as options to prevent large drops in approved revenue from year to year and to smooth the historical values. WFRP Coverage and Frequently Asked Questions web pages are available from USDA with further details.