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RMA offers virtual workshops on improvements to risk management options

RMA offers virtual workshops on improvements to risk management options
A Quicken for Farm & Ranch Record Keeping workshop will be held Jan. 6 from 9 a.m. to Noon in North Platte at the Lincoln, Logan, McPherson Extension Office located at 348 W State Farm Rd. (Courtesy of University of Nebraska–Lincoln)
October 7th, 2022 | USDA

The U.S. Department of Agriculture (USDA) is offering virtual workshops on Oct. 11, Oct. 13, Nov. 15 and Dec. 13 for agricultural producers and stakeholders to learn about the latest updates and improvements to the Whole-Farm Revenue Protection (WFRP) and the Micro Farm insurance options.

WFRP and Micro Farm are two of the most comprehensive risk management options available. USDA’s Risk Management Agency (RMA) will announce in-person events later this fall. These insurance options are especially important to specialty crop, organic, urban and direct market producers. Policy improvements and these workshops are part of RMA’s efforts to increase participation in crop insurance.

Improvements include:

  • Doubling the maximum insurable revenue under WFRP, now up to $17 million;
  • More than tripling the size of farm operations eligible for Micro Farm to $350,000 in approved revenue; and
  • Reducing paperwork requirements for WFRP.

See Aug. 31, 2022 news release for more on improvements.

‘Road Show’ Virtual Workshops

RMA will host these workshops for agricultural producers via Microsoft Teams events. Click the link to join at the day and time.

RSVP is not required. Attendees will have a chance to submit written questions during the event.

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