Whole Farm Revenue Protection (WFRP)
Whole Farm Revenue Protection, or WFRP, insures all farm commodities under one policy. Coverage levels range from 50-80% depending on the needs of the farm. WFRP is designed with diverse operations in mind; farms with diverse commodities have lower premiums under WFRP. So, WFRP is a particularly good option for farmers with diverse commodities, specialized commodities, or those who sell directly to wholesale markets.
Premium subsidies are calculated based on farm diversity. For example, a producer with three commodities will have a larger portion of their premium paid for by the government than a producer with one or two commodities.
- RMA Whole-Farm Revenue Protection (WFRP) Webpage
- Risk Management for Specialty Crop and Specialty Livestock Operations through Farm Service Agency Programs and Risk Management Agency Productions (MSU Agricultural Marketing Policy Center, August 2016)