Protect and Manage Risk from Falling Milk Prices with Dairy-RP
Life is unpredictable, which can be risky for milk sales. Protect your business from falling milk prices with Dairy Revenue Protection (Dairy-RP). Application is simple, and our Investors Insurance Services staff is ready to help you determine whether this long-term planning tool is right for you.
 
Dairy-RP is designed to insure against unexpected declines in the quarterly revenue from milk sales relative to a guaranteed coverage level. The expected revenue is based on futures prices for milk and dairy commodities, and the amount of covered milk production elected by the dairy producer. The covered milk production is indexed to the state or region where the dairy producer is located.
 
 

Pricing Options

Dairy-RP offers two Revenue pricing options:
  • The Class Pricing Option* uses a combination of Class III and Class IV milk prices as a basis for determining coverage and indemnities.
  • The Component Pricing Option* uses the component milk prices for butterfat, protein and other solids as a basis for determining coverage and indemnities. Under this option you may select the butterfat test percentage and protein test percentage to establish your insured milk price.


Coverage Levels and Premium Subsidies

You may cover 80 percent to 95 percent of your expected quarterly revenue in five percent increments. A premium subsidy is available and is based on the coverage level you selected.
 
Coverage Level % 80 85 90 95
Premium Subsidy %

55

49

44
 
44
* Ag Insurance products are not insured by the Federal Deposit Insurance Corporation; are not deposits or obligations of the bank or any affiliate; are not guaranteed by the bank or any affiliate; may involve investment risks. Equal opportunity employer and provider.




 

Contact an agent to get started:

Aaron Gransee, Agricultural Insurance Manager 
(920) 905-5425, Email Aaron

Ann Denk, Agricultural Insurance Specialist
(715) 577-1584, Email Ann 

Krissy Johnston, Agricultural Insurance Specialist
(715) 579-6794, Email Krissy

Lauren Kostello, Agricultural Insurance Specialist
(920) 905-0633, Email Lauren

Kyle Salter, Agricultural Insurance Specialist: 
(920) 960-1011, Email Kyle
 
Jessica Zurcher, Agriculture Insurance Office Coordinator
(920) 686-5629, Email Jessica

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Subscribe to IIS Text Alerts for Dairy-RP Class III milk quotes sent to your phone daily
  • In Wisconsin, text DairyRP to 797979 
  • In Minnesota, text DairyRPMN to 797979
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Manitowoc Phone:
(920) 645-6100

Stevens Point Phone:
(715) 254-3400

Appleton Phone:
(920) 739-2660

Green Bay Phone:
(920) 884-1166

Call Toll Free: (888) 686-9998
Email: contact@investorscommunitybank.com

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