January 28, 2015

USDA’s Risk Management Agency (RMA) announced the release of the Whole-Farm Revenue Protection crop insurance program for the 2015 crop year. The policy allows producers to insure between 50 to 85 percent of their whole farm revenue and makes crop insurance more affordable for producers, including fruit and vegetable growers and organic farmers and ranchers.
Whole-farm revenue protection combines and enhances two popular and well known plans of insurance, Adjusted Gross Revenue (AGR) and Adjusted Gross Revenue-Lite (AGR-Lite). Policy enhancements include an expanded range of coverage levels, coverage for replanting, provisions that increase coverage for expanding operations, a higher maximum amount of coverage and the inclusion of market readiness costs in the coverage.     Login or Subscribe to read the rest of this story.