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Whole-Farm Revenue Protection

MGR-24-007 Emergency Procedures for Crops and/or Livestock Damaged by Hurricane Milton

BACKGROUND

Hurricane Milton caused catastrophic damage in Florida. The Risk Management Agency (RMA) recognizes the need for authorizing emergency procedures to streamline certain determinations to accelerate the adjustment of losses and issuance of indemnity payments to crop insurance policyholders in impacted areas.

PM-24-056 Whole-Farm Revenue Protection Pilot Plan of Insurance and Micro Farm Changes Effective for the 2025 and Succeeding Policy Years

BACKGROUND:

The Agricultural Improvement Act of 2018 (Farm Bill) included language to improve the effectiveness of WFRP. The Risk Management Agency (RMA) continues to solicit stakeholder recommendations. In response to feedback from local foods producers, grower organizations, and industry partners including Approved Insurance Providers (AIP) and agent organizations, RMA recommended changes to WFRP and Micro Farm to the Federal Crop Insurance Corporation Board of Directors (Board).

Actuarial Release 24-033

As of August 27, 2024 the following information is now available on the FTP site:

  • 2025 Actuarial Data Master for the 8/31, 10/31 Filing Date, YTD, and Daily Files.
  • 2025 Special Provisions for the 8/31, 10/31 Filing Date.

Users can find this information in the following directories:

  • 2025 Actuarial Data Master are in the References/Actuarial_Data_Master/2025 directory.
  • 2025 Special Provisions are in the Special_Provisions/2025 directory.

Additional notes and details regarding this data release:

Actuarial Release 24-030

As of August 13, 2024 the following information is now available on the FTP site:

  • 2025 Actuarial Data Master for the 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
  • 2025 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

Whole-Farm Revenue Protection Archive

Whole-Farm Revenue Protection (WFRP) provides a risk management safety net for all commodities on the farm under one insurance policy and is available in all counties nationwide. This insurance plan is tailored for any farm with up to $8.5 million in insured revenue, including farms with specialty or organic commodities (both crops and livestock), or those marketing to local, regional, farm-identity preserved, specialty, or direct markets.

PM-24-016

The Risk Management Agency (RMA) approved the 2024 CY projected prices shown below for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2024 CY volatility factors shown below for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.

Actuarial 23-032

As of August 31, 2023 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 8/31, 10/31 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 8/31, 10/31 Filing Date.

Users can find this information in the following directories:

  • 2024 Actuarial Data Master are in the References/Actuarial_Data_Master/2024 directory.
  • 2024 Special Provisions are in the Special_Provisions/2024 directory.

Additional notes and details regarding this data release:

Actuarial 23-029

As of August 16, 2023 the following information is now available on the FTP site:

  • 2024 Actuarial Data Master for the 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
  • 2024 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

PM-23-015

The Risk Management Agency (RMA) approved the 2023 CY projected prices shown below for the following plans of insurance: Yield Protection, Revenue Protection, and Revenue Protection with Harvest Price Exclusion. RMA approved 2023 CY volatility factors shown below for the Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops, and types indicated in the subsequent tables.