There’s never a bad time to save money in your farm business, particularly when it comes to essentials such as insurance. That’s why producers will benefit from joining Top Producer for a workshop on Whole Farm Revenue Protection from 1 to 5 p.m. CST on Tuesday, Jan. 26 in Chicago before the start of the 2016 Top Producer Seminar.
Jamie Wasemiller of The Gulke Group and Silveus Insurance Group will lead the training. Registration is $99 per person and can be completed here.
“It’s a new insurance option that is available,” Wasemiller tells “AgriTalk” host Mike Adams. “It’s regulated by [USDA’s Risk Management Agency]. It’s part of the 2014 farm bill.”
The program has benefits for producers of crops and livestock alike.
“This is a program where we can insure all of our revenue streams on our Schedule Fs under one policy,” Wasemiller explains. “To do this, RMA is giving us a very healthy subsidy so in a year when prices might be down—last year, we all had relatively good crops versus our APH—this is certainly an option that we can use to not only save some cost, but now we have a policy out there that we can insure against, relatively, our gross revenue or against our cash sales, which is something that is not even relatively close with the normal multi-peril crop insurance that we purchase these days.”
Click here to register for the Whole Farm Revenue Protection workshop.
Read more about Whole Farm Revenue Protection on AgWeb: