What type of protection does Whole Farm Revenue Protection (WFRP) primarily focus on?

Whole Farm Revenue Protection (WFRP) primarily focuses on protecting against revenue decline. This program is designed to provide a safety net for farmers by insuring their overall revenue, rather than just individual crop losses. The way it works is that it considers the total revenue from all commodities produced on the farm, helping to protect against the risk of a reduction in revenue due to various factors, such as lower market prices or decreased production.

WFRP is particularly beneficial because it encompasses the entire farm revenue, allowing farmers to have a broad safety net that can account for fluctuations in different areas of their operation. This makes it different from policies that focus solely on specific risks, such as natural disasters or pest infestations, which may only protect individual crops or livestock rather than the farm's overall revenue stream.