Dairy Revenue Protection
Dairy Revenue Protection (Dairy-RP) is a federal crop insurance program designed to protect dairy producers against loss of revenue due to lower milk prices. Because it is a crop insurance program, the premium costs are subsidized by the federal government. Dairy-RP is one of the most cost-effective tools available to dairy farmers to protect a minimum milk price.
Dairy-RP establishes a floor price protection for each producer’s Class III and/or Class IV milk. DFA Risk Management is in a unique position to help you make the best choices based on how your milk check is impacted by Class III and IV prices. As experts in milk pricing, dairy risk management tools, and the impact that volatile milk prices have on member milk checks, we can help you understand how you can use Dairy-RP and our other programs together to achieve your goals.
To use Dairy-RP with DFA Risk Management, please complete this information
to get your application on file. Note that because this is a crop insurance program, the paperwork requirements are a little different than our forward contract master agreement.
Dairy-RP is available most days, and to help our members utilize this program, DFA Risk Management sends a daily email with a snapshot of pricing estimates. Send us a request
if you’d like to receive this email regularly, and give us a call at 1-877-424-3343 if you’re interested in discussing how Dairy-RP would fit into your risk management strategy.
RCIC is an equal opportunity provider. In accordance with Federal law and U.S. Department of Agriculture (USDA) civil rights regulations and policies, the USDA, its Agencies, offices, and employees, and institutions participating in or administering USDA programs are prohibited from discriminating on the basis of race, color, national origin, religion, sex, gender identity (including gender expression), sexual orientation, disability, age, marital status, family/parental status, income derived from a public assistance program, political beliefs, or reprisal or retaliation for prior civil rights activity, in any program or activity conducted or funded by USDA (not all bases apply to all programs).
DFA cannot provide any benefit, directly or indirectly, including money, dividends, goods, or services for which payment is usually made, rebate, discount, credit, reduction of premium, or any other valuable consideration to members to procure insurance or in exchange for obtaining insurance, authorized under the Federal Crop Insurance Act, after it has been procured.
© 2019 Agri-Services Agency LLC. All rights reserved.