Dairy Revenue Protection (DRP)
Provides protection against unexpected declines in quarterly revenue from milk sales as a result of a decline in milk prices, a decline in milk production or a combination of both. The policy uses the futures prices for milk and other dairy commodities and milk production indexed to state or region as a basis for its guarantee. The program does not insure against loss or destruction of cattle or individual yield risk (similar to Area Risk Protection Insurance).
Coverage Level: 80-95%, in 5% increments. CAT coverage is not available.
Availability: All 50 states
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