
Whole-Farm Revenue Protection
Whole-Farm Revenue Protection (WFRP) is a crop insurance program designed for farmers to safeguard their overall income. Instead of insuring individual crops, WFRP provides coverage for all the revenue generated from a farm's diverse operations. It considers various factors like historical revenue and losses to determine payouts. This program helps farmers manage risks from unpredictable events like weather or market fluctuations, ensuring they can maintain financial stability even in challenging times. By protecting revenue rather than specific crops, WFRP supports the sustainability of mixed farms and encourages diversification.