Te policy also provides replant coverage:
• For annual crops, except Industrial Hemp and those covered by another Federal crop insurance policy
• Equal to the cost of replanting up to a maximum of 20 percent of the expected revenue multiplied by your coverage level
• When 20 percent or 20 acres of the crop needs to be replanted
Te approved revenue amount is determined on your Farm Operation Report and is the lower of the expected revenue or your whole-farm historic average revenue. Coverage levels range from 50 percent to 85 percent.
Te number of commodities produced on the farm are counted using a calculation that determines:
• If the farm has the diversification needed to qualify for the 80 and 85 percent coverage levels (there is a three-commodity requirement)
• Have no more than $8.5 million in insured revenue, which is the farm revenue allowed to be insured under the policy multiplied by the coverage level you select - Coverage of expected revenue from animals and animal products is limited to $2 million
• Have no more than 50 percent of total revenue from commodities purchased for resale
- Coverage of expected revenue from greenhouse and nursery is limited to $2 million
• Have ‘buy-up’ coverage levels on any Federal crop insurance plans you choose in addition to the WFRP insurance plan
• Meet the diversification requirements of the policy by having two or more commodities if a commodity you are raising has revenue protection or actual revenue history insurance available
• Meet the diversification requirements of the policy by having two or more commodities if there are potatoes on the farm
• Te amount of premium rate discount you will receive due to farm diversification
• Te subsidy amounts. Farms with two or more commodities will receive a whole-farm subsidy and farms with one commodity will receive a basic subsidy.
You can buy WFRP alone or with other buy-up level (additional coverage) Federal crop insurance policies. When you buy WFRP with another Federal crop insurance policy, the WFRP premium is reduced due to the coverage provided by the other policy. If you have other Federal crop insurance policies at catastrophic coverage levels, you do not qualify for WFRP.
WFRP ‘insured revenue’ is the total amount of insurance coverage provided by this policy. Your crop insurance agent and approved insurance provider determine the farm’s ‘approved revenue’ using the following information:
• Whole-Farm History Report • Farm Operation Report • Information regarding growth of the farm • Te coverage level you choose (50-85 percent) multiplied by the approved revenue is the insured revenue amount.
Eligibility for WFRP coverage requires you to:
• Be eligible to receive Federal benefits • Be a U.S. citizen or resident • File either a Schedule F tax form or other farm tax form that can be converted to a Substitute Schedule F for a specified number of years.
You can buy Whole-Farm Revenue Protection from a crop insurance agent by the sales closing date shown for each county in the actuarial documents at
webapp.rma.usda.gov/ apps/actuarialinformationbrowser/.
With TPI and other partners, we are also currently evaluating the possibility of developing a policy specific to sod. I anticipate that we will determine the most appropriate course of action in the near future. Developing new policies, or tweaking existing ones, is always a collaborative process between USDA and private industry. Te public-private partnership that exists, and in many ways defines our enterprise, is a key factor to the success of the program.
You can find more information and other great crop insurance resources at our website—
www.rma.usda.gov. Tere you will also find contact information for the RMA regional office serving you. A list of crop insurance agents is available at all USDA service centers and on the RMA website at the link that follows.
www.rma.usda.gov/en/Information-Tools/Agent-Locator-Page.
TPI is currently seeking sod producers interested in working with TPI and RMA on a committee to explore new specialty crop insurance specifically for natural grass sod producers. To find out more about this committee, or to volunteer to serve on it, please contact Dr. Casey Reynolds at
creynolds@TurfGrassSod.org or 847-737-1846.
Richard Flournoy is Acting Administrator of the Risk Management Agency and Deputy Administrator for Product Management where he oversees the development and implementation of crop insurance policies. He has been with USDA for ten years. Richard was raised on a cotton, peanut, corn, and tree farm in Camilla, Georgia. He resides in Kansas City with his wife, Michelle, and two daughters, Alice and Stella.
TPI Turf News May/June 2021 13
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