Enhancements to 

Whole Farm Revenue Protection

Risk Management Agency

January 25, 2023
FVIAC Recommendation

• Enhance education efforts surrounding WFRP crop insurance product for 

both producers and crop insurance agents to enhance participation and 

simplify the reporting requirements necessary for participation in the 

program.

• Since 2021, RMA has invested $6.49 million in partnerships to deliver risk management 

education across the country.

 Targeted recipients include underserved and specialty crop producers

 Includes training on WFRP and Micro Farm

• In-person and virtual Road Show events held on WFRP and Micro Farm
FVIAC Recommendation

• Simplify the reporting requirements necessary for participation in the 

program.

• For the 2021 crop year, RMA decreased reporting requirements for direct market 

producers by allowing them to report two or more direct marketed commodities as a 

combined single commodity with a combined expected revenue

• Micro Farm policy minimizes underwriting and recordkeeping requirements
FVIAC Recommendation

• Develop a product similar to WFRP crop insurance product for a Beginning 

Farmer or Rancher that does not have 3 years of experience or for a nonqualifying Beginning Farmer or Rancher that does not have 5 years of 

experience.

• WFRP already includes provisions that make the program more accessible for Beginning 

Farmer or Ranchers

 Such producers can currently qualify with fewer than 5 years of tax records.

 RMA has assessed these provisions and is not prepared to accept less than 3 years 

of experience for Beginning Farmers or Ranchers for program integrity purposes
FVIAC Recommendations

• Reevaluate the $8,500,000 revenue coverage limit; adjust the limit to 

correspond with current inflation rates; and be adjusted annually to 

correspond with annual inflationary rates.

• Develop a product similar to WFRP crop insurance product that can service 

operators that exceed the $8,500,000 revenue coverage limit. 

• Undertake a study to determine an appropriate limit that will capture larger 

organizations.

• RMA has doubled the maximum insurable revenue under WFRP to $17 million

• RMA has more than tripled the size of farm operations eligible for Micro Farm, now 

$350,000 (previously $100,000)
Micro Farm Policy

• A streamlined/more accessible version of WFRP

 Less paperwork requirements

• Insures farm operations with approved revenue up to $350,000 for the initial year of 

insurance & $400,000 for carry-over policies

• Post-production and value-added costs may be included in approved revenue

 For example: jams, jellies, or pies made from fruit produced on farm operation

• Expected value is based on the insured’s past three-year average of total revenue and acres

• All coverage levels available, with automatic qualification for 80% & 85% coverage levels 

without providing additional paperwork

• No individual crop policies allowed
Thank You

Tara Ponds

Risk Management Agency

Product Administration and Standards Division

Specialty Crops Coordinator

tara.ponds@usda.gov

816-823-4693

Lane Webb

Risk Management Agency

Product Administration and Standards Division

Risk Management Specialist

Lane.webb@usda.gov

816-926-1877

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