Weather any market with a revenue protection policy designed for dairy producers.
- Designed to insure against unexpected declines in the quarterly revenue from milk sales relative to a guaranteed coverage level.
- Offers coverage levels at 80, 85, 90 and 95%.
- Expected revenue is based on futures prices for milk and dairy commodities.
- Two pricing options available:
- Class Pricing Option – Uses a combination of Class III and Class IV milk prices as a basis for determining coverage and indemnities.
- Component Pricing Option – Uses component milk prices for butterfat, protein and other solids as basis for determining coverage and indemnities.
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