What is the protection factor used in the indemnity calculations?

Producers have the option to buy additional protection coverage through a protection factor. The protection factor does not increase the final revenue guarantee but is applied to the expected revenue for the purposes of calculating a producer premium. If an indemnity is earned on the policy,

What is the protection factor used in the indemnity calculations?2019-01-07T21:57:03-06:00

When are Dairy-RP, DMC and LGM-Dairy signups?

Dairy-RP is available for purchase every business day when the coverage prices and rates are validated and published on the USDA RMA website. In contrast, LGM-Dairy is available once per month, typically on the last Friday of each month, while DMC is an annual decision, with

When are Dairy-RP, DMC and LGM-Dairy signups?2019-01-07T22:11:53-06:00

How does the pricing of Dairy-RP, DMC and LGM-Dairy compare?

Dairy-RP premiums will change based on the risk environment however premiums are actuarially appropriate and subsidies range from 44%-59% based on the desired level of coverage selected. In contrast, LGM-Dairy subsidies range from 18%-50%, with policies being paid out based on an income-over-feed margin. DMC payouts

How does the pricing of Dairy-RP, DMC and LGM-Dairy compare?2019-01-07T22:11:03-06:00

Can dairy producers participate in both Dairy-RP and Livestock Gross Margin for Dairy (LGM-Dairy)?

Yes, dairy producers may have LGM-Dairy and Dairy-RP policies in effect for the same crop year, but only one policy, either LGM-Dairy or Dairy-RP can have endorsements in effect for the quarterly insurance period. For example, if a Dairy-RP policy and LGM-Dairy policy are both insuring

Can dairy producers participate in both Dairy-RP and Livestock Gross Margin for Dairy (LGM-Dairy)?2019-01-07T22:06:54-06:00

How do I find an agent?

Dairy-RP is available for purchase from your local livestock insurance agent. You can find a crop insurance agent using the Agent Locator tool on the Risk Management Agency (RMA) website.

How do I find an agent?2019-01-10T06:56:02-06:00