USDA Risk Management Agency Announces Modifications to Whole-Farm Revenue Protection
|Related ATTRA Publication:
Noninsured Crop Disaster Assistance Program and Whole-Farm Revenue Protection: Understanding the Differences
USDA Risk Management Agency (RMA) announced modifications to the Whole-Farm Revenue Protection (WFRP) program to decrease paperwork and recordkeeping burdens for direct marketers beginning with the 2021 crop year. Participants in stakeholder meetings recommended RMA decrease the requirements for reporting yield and revenues for each commodity, which is especially difficult for direct marketers who may sell several commodities through a roadside stand. The newly implemented modifications allow growers to report two or more direct-marketed commodities as a combined single commodity code with a combined expected revenue for all commodities. Additionally, the combined direct-marketed commodities will count as two commodities in calculating the diversification premium discount. Revenue history will be based on reported revenue from the combined direct-marketed commodities and total acres planted to those commodities.