The USDA is rolling out a new Micro Farm policy designed specifically for agriculture producers with small farms who sell locally.
The new policy, which will be available beginning with the 2022 crop year, will simplify record keeping and cover post-production costs like washing and packaging commodities and value-added products. The Micro Farm policy is available to producers who have a farm operation that earns an average allowable revenue of $100,000 or less or, for carryover insureds, an average allowable revenue of $125,000 or less.
The Micro Farm policy builds on other RMA efforts to better serve specialty and organic crop growers, which includes Whole-Farm Revenue Protection (WFRP) that provides coverage for producers with larger operations that may not be eligible for the Micro Farm policy.
The Federal Crop Insurance Corporation approved the Micro Farm policy in September, and more information will be provided later this fall. Read more from USDA.