PRODUCT DETAILS

Product Details

  • Dairy RP is a revenue insurance policy to protect from falling milk prices while leaving the upside open.        
• Dairy RP is subsidized from 44% to 59%
• Dairy RP can be purchased any business day except Holidays and 3 Dairy reports per month
• No milk production limits
• Can be used even if you have MPP
• Pricing options include Class III, Class IV and Components 
• Can buy quarterly coverage for 5 quarters. Example: Jan, Feb, Mar 2019 -- April, May, June 2019 -- July, Aug, Sept 2019 -- Oct, Nov, Dec 2019 and Jan, Feb, Mar 2020.  
• Federally backed by Risk Management Agency (RMA)/USDA. RMA implements and underwrites this and other crop insurance policies
• Premium due at the end of each quarter. 

LGM for Dairy – info:


LGM-Dairy Protects from Falling Milk Prices and Rising Feed Costs
• Covers up to 10 months or any combination of months.
• Insures price changes, not individual animals.
• Can vary amounts of corn and protein tonnage each month.
• Can vary amount of milk each month.
• Purchase twelve times a year on the last business Friday of the month.
• Backed by RMA/USDA





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