USDA Modifies Dairy Revenue Protection Sales Period

The USDA is updating the Dairy Revenue Protection Sales Period.

Starting June 5th, 2020, the sales period for Dairy Revenue Protection will begin no later than 4:30 PM (CT) and will end at 9:00 AM (CT) on the next business day or 9:00 AM (CT) on Sunday, whichever is earlier.

“The DRP program is an excellent risk management tool for dairy producers, providing peace of mind during unpredictable market fluctuations such as the dairy industry is experiencing now,” RMA Administrator Martin Barbre said. “USDA wants to be sure that we make the necessary adjustments to ensure that the Federal crop insurance program continues to serve the risk management needs of our nation’s producers during this unprecedented time.”

To learn more about the USDA update, Check out this article by the Hoard’s Dairyman: https://hoards.com/article-28070-usda-modifies-dairy-revenue-protection-sales-period.html

For more information about DRP, visit RMA’s website or contact your local crop insurance agent using the RMA Agent Locator.