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Dairy producers now have a new risk management tool to add to their arsenal as they weigh alternatives to protect milk revenue in forward production periods. The Dairy Revenue Insurance Plan (DRP) will be available beginning October 9, and provides many attractive features that dairies will no doubt welcome such as the insurance being subsidized by the government. While there are many advantages to the new program, there are also disadvantages which producers should understand as they consider where and how to use this new risk management too. Read more.
Find out about factors affecting margins and strategies you can use to take advantage of current opportunities in the market.