Dairy Insurance

DRP Insurance provides coverage against milk market price declines for Class III, Class IV and Components on a quarterly basis.

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Dairy Revenue Protection (DRP)

Price Protection

Insure against declining milk futures prices
Offered daily to producers who can purchase coverage for up to 5 nearby quarters
Maintain flexibility to higher prices

Subsidized Premiums

44-55% subsidy based on coverage level
Premium costs are due at the end of the quarter insured

Customizable Coverage

Producers may cover 80 – 95% of their expected quarterly revenue
Options to use Class or Component pricing as basis for revenue
Ability to elect the quarterly insurance period, quantity of milk and protection factor each for coverage endorsement

Settles to announced Class or Component prices

Settles to quarterly average of announced Class III, Class IV, or component prices, dependent on election

CIH Tools

DRP daily pricing calculator for Class and Component pricing
Weekly Newsletter
Endorsement Tracker and Indemnity Projections

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Market information offered by Commodity & Ingredient Hedging, LLC, a commodity trading advisor registered with the CFTC and a Member of NFA. Insurance services provided by CIH Insurance Services, LLC. The information contained in this publication is taken from sources believed to be reliable, but is not guaranteed by Commodity & Ingredient Hedging, LLC, nor any affiliates, as to accuracy or completeness, and is intended for purposes of information and education only. Nothing therein should be considered as a trading recommendation by Commodity & Ingredient Hedging, LLC. There is a risk of loss in futures and option trading. Past performance is not indicative of future results.

Issuance of insurance coverage is subject to underwriting review and approval. Coverage not available in all states. Please see the policy for the full terms, conditions and exclusions. CIH Insurance Services, LLC is an insurance agency licensed to sell certain insurance products and may receive compensation from insurance companies for such sales. Policy obligations are the sole responsibility of the issuing insurance company. Coverage scenarios are hypothetical and shown for illustrative purposes only. Coverage is dependent on the actual facts and circumstances giving rise to a claim. CIH is an equal opportunity employer and provider.^© CIH. All rights reserved.