Understanding Whole-Farm Insurance for Specialized, Diversified Farms
The National Center for Appropriate Technology (NCAT) will offer a webinar on Thursday, June 28, to explain Adjusted Gross Revenue Lite (AGR-Lite)— a unique, federally subsidized crop-insurance product that holds great promise to serve the needs of smaller, diverse, specialty crop, organic, and direct-market farmers.
Crop insurance agents, agricultural lenders, and cooperative extension agents from the Southeastern states are especially encouraged to attend this June 28 webinar, which will be tailored to their needs. The webinar will feature regionally appropriate examples from the Southeast, and there will be ample time for attendees to ask questions about both AGR-Lite and the AGR-Lite Wizard.
While most insurance products are tied to a specific crop or commodity, AGR-Lite is based on whole-farm revenue and allows farmers who grow several specialty crops, or diverse crops and livestock products, to insure their production based on their historic revenue.
The webinar, “AGR-Lite—Understanding Whole-Farm Insurance for the Specialized and Diversified Farm,” will explain how AGR-Lite works, provide a brief overview of crop-insurance limitations for specialized and highly diverse farms, and also will demonstrate NCAT’s new AGR-Lite Wizard assessment tool. This tool assists farmers and agricultural professionals in evaluating the usefulness of whole-farm revenue insurance.
Jeff Schahczenski, an NCAT Agricultural Economist, will be the webinar presenter.
The webinar will begin at 1 p.m. Eastern Daylight Time on Thursday, June 28, 2012. It is funded by the USDA Risk Management Agency.
To learn more or to register, go to https://attra.ncat.org/agrlite