Dairy Revenue Protection
Dairy Revenue Protection
Dairy Revenue Protection (DRP) is an insurance product designed to protect against the decline of milk prices. It provides quarterly coverage at a percentage level chosen by the milk producer.
DRP offers two prices options
- Class Pricing using either Class III or Class IV milk prices
- Component Pricing using butterfat, protein, and other solids
Prices are released on a daily basis by the Risk Management Agency that are used to initiate price coverage. DRP insurance is subsidized based on your chosen level.
Coverage Level % | 80 | 85 | 90 | 95 |
|---|---|---|---|---|
Subsidy % | 55 | 49 | 44 | 44 |
Milk production under the program is covered on a quarterly basis at whatever amount of milk the producer chooses for up to five quarters.
We are a licensed agency in multiple states.
For more information and to get started, call 877-256-3253 or email: rschmahl@agdairy.com
