DAIRY RP
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 of the week except Holidays and USDA Dairy report days
- 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.
- 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