Head-to-Head: Comparing Two Insurance Options for Specialty Crop Farmers
March 18, 2015
Are you a fruit or vegetable farmer who’s been waiting for insurance options that might work for you? Two promising options are available in 2015: Non-Insured Disaster Assistance Program (NAP) and Whole Farm Revenue Protection (WFRP).NAP, offered by Farm Services Agency (FSA), now provides 100 percent crop loss payback, with choices of crop loss threshold – a major improvement of past years. WFRP, offered by USDA Risk Management Agency (RMA), is a new insurance program. Listen in as Kevin McClure of FSA and Mark Shilts of RMA provide an overview of the two insurance options, and then work through costs and benefits of a sample farm provided by Emma Johnson of Buffalo Ridge Orchard.