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Adjusted Gross Revenue Insurance: Difference between revisions
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|ProgramType=Program | |ProgramType=Program | ||
|OrgSponsor=Risk Management Agency | |OrgSponsor=Risk Management Agency | ||
| | |TopOrganization=Department of Agriculture | ||
|Purpose=To protect agricultural producers from revenue loss by offering insurance based on a farm's historical adjusted gross revenue, providing coverage for multiple commodities and some livestock, thus ensuring financial stability regardless of market or production challenges.<ref>{{cite web |url=https://legacy.rma.usda.gov/pubs/2009/adjustedgrossrevenue.pdf |title=Adjusted Gross Revenue Insurance |accessdate=January 30, 2025}}</ref> | |Purpose=To protect agricultural producers from revenue loss by offering insurance based on a farm's historical adjusted gross revenue, providing coverage for multiple commodities and some livestock, thus ensuring financial stability regardless of market or production challenges.<ref>{{cite web |url=https://legacy.rma.usda.gov/pubs/2009/adjustedgrossrevenue.pdf |title=Adjusted Gross Revenue Insurance |accessdate=January 30, 2025}}</ref> | ||
|Website=https://www.rma.usda.gov/en/Policy-and-Procedure/Insurance-Plans/AGR | |Website=https://www.rma.usda.gov/en/Policy-and-Procedure/Insurance-Plans/AGR | ||
|ProgramStart=1999 | |ProgramStart=1999 | ||
|Duration=Discontinued | |Duration=Discontinued | ||
|Historic= | |Historic=Yes | ||
}} | }} | ||
'''Adjusted Gross Revenue Insurance (AGR)''' was a federal crop insurance program aimed at providing whole-farm revenue protection for agricultural producers by insuring against revenue losses based on the farm's historical adjusted gross revenue. This program was unique in covering multiple commodities, including some livestock, under one policy, offering a holistic approach to risk management for diversified farms.<ref>{{cite web |url=https://legacy.rma.usda.gov/pubs/2009/adjustedgrossrevenue.pdf |title=Adjusted Gross Revenue Insurance |accessdate=January 30, 2025}}</ref> | '''Adjusted Gross Revenue Insurance (AGR)''' was a federal crop insurance program aimed at providing whole-farm revenue protection for agricultural producers by insuring against revenue losses based on the farm's historical adjusted gross revenue. This program was unique in covering multiple commodities, including some livestock, under one policy, offering a holistic approach to risk management for diversified farms.<ref>{{cite web |url=https://legacy.rma.usda.gov/pubs/2009/adjustedgrossrevenue.pdf |title=Adjusted Gross Revenue Insurance |accessdate=January 30, 2025}}</ref> | ||