trade

USDA Announces Enhancements to Livestock and Dairy Insurance Programs

Dan Cattle, Dairy, Industry News Release, Livestock

The Department of Agriculture’s Risk Management Agency Monday announced several enhancements to the Dairy Revenue Protection, Livestock Gross Margin and Livestock Risk Protection Programs. Risk Management Agency Administrator Martin Barbre says the changes “strengthen risk management options and provide peace of mind in times of unpredictable market fluctuations.” The Livestock Gross Margin program protects against loss of gross margin or …

enhancements

Farm Bureau to Offer Dairy Revenue Protection Insurance

Dan Dairy, Economy, Industry News Release

The American Farm Bureau Federation, in cooperation with American Farm Bureau Insurance Services, has developed a new risk-management insurance product for dairy farmers. Approved by the Agriculture Department’s Federal Crop Insurance Corporation, “Dairy Revenue Protection” insurance will provide dairy farmers the opportunity to manage risk by focusing on revenue from milk sales. “We know that the level of risk protection …