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RMA Offers Virtual Workshops on Improvements to the Whole-Farm Revenue Protection and Micro Farm Insurance Options

USDA_web_8_5The U.S. Department of Agriculture (USDA) is offering virtual workshops on Oct. 11, Oct. 13, Nov. 15 and Dec. 13 for agricultural producers and stakeholders to learn about the latest updates and improvements to the Whole-Farm Revenue Protection (WFRP) and the Micro Farm insurance options.

Review the full press release HERE.

WASHINGTON, October 5, 2022 – The U.S. Department of Agriculture (USDA) is offering virtual workshops on Oct. 11, Oct. 13, Nov. 15 and Dec. 13 for agricultural producers and stakeholders to learn about the latest updates and improvements to the Whole-Farm Revenue Protection (WFRP) and the Micro Farm insurance options. WFRP and Micro Farm are two of the most comprehensive risk management options available. USDA’s Risk Management Agency (RMA) will announce in-person events later this fall. These insurance options are especially important to specialty crop, organic, urban, and direct market producers. Policy improvements and these workshops are part of RMA’s efforts to increase participation in crop insurance.

“We want to make sure farmers and ranchers know about these very important insurance options. We invite specialty crop, organic, urban and direct market producers to join the virtual ‘RMA Roadshow,” RMA Administrator Marcia Bunger said. “The RMA Roadshow will include me and leadership to highlight important improvements to Whole-Farm and Micro Farm and answer your questions.”

Improvements include: 

  • Doubling the maximum insurable revenue under WFRP, now up to $17 million;
  • More than tripling the size of farm operations eligible for Micro Farm to $350,000 in approved revenue; and
  • Reducing paperwork requirements for WFRP.   

See Aug. 31, 2022, news release (referenced below) for more on improvements. 

‘Road Show’ Virtual Workshops

RMA will host these workshops for agricultural producers via Microsoft Teams events. Click the link to join at the day and time. 

RSVP is not required. Attendees will have a chance to submit written questions during the event.

More Information

These events follow two this week, which RMA hosted for crop insurance agents. The “RMA Roadshow” will include future in person workshops to be announced. More information is available on the RMA Roadshow webpage.

Crop insurance is sold and delivered solely through private crop insurance agents. A list of crop insurance agents is available at all USDA Service Centers and online at the RMA Agent Locator. Learn more about crop insurance and the modern farm safety net at rma.usda.gov.

USDA touches the lives of all Americans each day in so many positive ways. Under the Biden-Harris administration, USDA is transforming America’s food system with a greater focus on more resilient local and regional food production, fairer markets for all producers, ensuring access to safe, healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America, and committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. To learn more, visit usda.gov.  

USDA is an equal opportunity provider, employer and lender.

Source: https://www.rma.usda.gov/en/News-Room/Press/Press-Releases/2022-News/RMA-Offers-Virtual-Workshops-on-Improvements-to-the-WFRP-and-Micro-Farm-Insurance-Options

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