Whole-Farm Revenue Protection

Background

The Agricultural Improvement Act of 2018 (Farm Bill) enacted on December 20, 2018, includes language in Section 11122 to research ways to reduce paperwork and recordkeeping requirements for direct marketed commodities under the Whole-Farm Revenue Protection (WFRP) plan of insurance. As a result, RMA presented several changes to the Federal Crop Insurance Corporation Board of Directors (FCIC Board). In addition, RMA worked with stakeholders to identify other improvements to WFRP not related to the Farm Bill.

As of August 13, 2020 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 8/31, 9/30, 11/30, 1/31 Filing Date, YTD, and Daily Files.
• 2021 Actuarial Data Master for the 6/30, 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
• 2021 Special Provisions for the 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

Background

The policy provisions of the Whole-Farm Revenue Protection (WFRP) program allow producers and approved insurance providers to request an interpretation of policy or procedure. The provisions relating to requesting an Interpretation of Procedure (IoP) are set forth in section 33(a)(1) of the WFRP policy, which require IoPs to be made in accordance with 7 C.F.R. § 400, subpart X (“subpart X”). 

As of August 30, 2019 the following information is now available on the FTP site:

• 2020 Actuarial Data Master for the 8/31, 10/31 Filing Date, YTD, and Daily Files.
• 2020 Special Provisions for the 8/31, 10/31 Filing Date.

Users can find this information in the following directories:

Background

The Agricultural Improvement Act of 2018 (Farm Bill) enacted on December 20, 2018, includes language in Section 11122 to improve effectiveness of WFRP. Per the Farm Bill, the Risk Management Agency (RMA) held several stakeholder meetings with agents, producers, and grower groups to solicit recommendations to increase flexibility and effectiveness of the program. As a result of these meetings, RMA presented several changes to the Federal Crop Insurance Corporation Board of Directors (FCIC Board).

As of August 08, 2019 the following information is now available on the FTP site:

• 2019 Actuarial Data Master for the 11/30 Filing Date, YTD, and Daily Files.
• 2020 Actuarial Data Master for the 6/30, 8/31, 9/30, 10/31 Filing Date, YTD, and Daily Files.
• 2020 Special Provisions for the 6/30, 8/31, 9/30, 10/31 Filing Date.

Users can find this information in the following directories:

Background

When determining the amount payable for a Whole-Farm Revenue Protection (WFRP) claim, some sources of revenue in addition to direct sales of commodities are included as revenue-to-count. These sources of revenue may reflect income related to the commodities on the farm operation, such as income to compensate the producer for damage to insured commodities other than WFRP indemnities.

Background

The Agricultural Improvement Act of 2018 (Farm Bill) enacted on December 20, 2018, altered the definition of Beginning Farmer or Rancher (BFR) for the purposes of the Whole-Farm Revenue Protection (WFRP) plan of insurance.

The WFRP Pilot Policy currently defines a BFR as:

A farmer or rancher who has not actively operated and managed a farm or ranch with a bona fide insurable interest in a crop or livestock as an owner-operator, landlord, tenant, or sharecropper for more than 5 crop years.

Background

The Agriculture Improvement Act of 2018 (Farm Bill) altered the legal status of Cannabis sativa L. (cannabis) with a delta-9 tetrahydrocannabinol concentration of not more than 0.3 percent on a dry weight basis. Specifically, the Farm Bill amended the Controlled Substances Act (CSA) and Agricultural Marketing Act of 1946 (AMA) to address how industrial hemp is to be defined and regulated at the Federal level. Prior to passage of the Farm Bill, any form of cannabis was a controlled substance under the CSA.

Background

The Risk Management Agency (RMA) revised the Whole-Farm Revenue Protection (WFRP) plan of insurance for the 2019 and subsequent policy years. RMA consulted with stakeholders and based on their feedback, made the following modifications and clarifications to the WFRP policy:

Commodity Code Consolidation