Peach 411: Important Links on the USDA’s RMA Website and Information about WFRP

The following information and tools were recently released regarding Risk Management. Please find the resourceful links below. These links will take you to the RMA website, cost calculators, and more information regarding Whole-Farm Revenue Protection Pilot Program (WFRP).

RMA (Risk Management Agency) website: www.rma.usda.gov

Summary: At the main site for the USDA’s Risk Management Agency, you can find useful guidance on Farm Risk Plans, bulletins, handbooks, get answers to frequently asked questions, and much more.

Cost Estimator/Main Menu: http://ewebapp.rma.usda.gov/apps/costestimator/Default.aspx

Summary: At the main menu for the RMA Cost Estimator section, you can choose between a variety of options, including a quick estimate, detailed estimate (both links listed below), or the review of a saved estimate. NOTE: make sure to disable any pop-up blockers on your Internet browser before using any of the tools on the RMA Cost Estimator.

Cost Estimator/Quick Estimate: http://ewebapp.rma.usda.gov/apps/costestimator/Estimates/QuickEstimate.aspx

Cost Estimator/Detailed Estimate:   http://ewebapp.rma.usda.gov/apps/costestimator/Estimates/DetailedEstimate.aspx

Whole Farm Revenue Protection Pilot Program (WFRP): http://www.rma.usda.gov/policies/wfrp.html

Summary: According the website, Whole-Farm Revenue Protection (WFRP) provides a risk management safety net for all commodities on the farm under one insurance policy. 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. At the link above, you can review the fact sheet, pilot area map, compare the WFRP and AGR program, review the training materials as well as managers’ bulletins, and more.