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Source: NATIONAL SUSTAINABLE AGRICULTURE COALITION, 10/26/16
In only its second year on the market, sales of Whole-Farm Revenue Protection (WFRP) insurance have nearly doubled – from 1,110 policies in 2015 to 2,143 in 2016. This is great news for a relatively new risk-management product still technically in its pilot phase. The National Sustainable Agriculture Coalition (NSAC) was a major proponent of the program which was authorized by the 2014 Farm Bill. We believe WFRP has immense potential to bring risk-management solutions to currently underserved farmers and growers across the country, so this level of growth is extremely encouraging. For more of this story, click here.
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