Our DRP Dairy Trio SUPPORTING YOUR SUCCESS NOW OFFERING DRP CUSTOMERS BI-WEEKLY DAIRY MARKETING CALLS TO HELP THEM STAY ABREAST OF THE LATEST INDUSTRY TRENDS AND PLAN FOR ANTICIPATED MARKET CHANGES. GreenStone is pleased to provide dairy producers with a trio of specialized services that work together to protect and assist their businesses. Our crop insurance professionals, combined with one of the dairy industry’s leading experts, have developed personalized risk management opportunities for dairy farmers that go beyond insuring product to actively help
41
Fall 2020 — Partners
dairy operations succeed. With an analyzer tool that tracks and compares data for budgeting and forecasting, and online live presentations highlighting the latest dairy trends, GreenStone customers have insider access to a solid line-up of support. 1) Dairy Revenue Protection (DRP) is a federally subsidized insurance product and a dairy farmer’s first line of defense against unexpected declines in quarterly milk sales revenue, 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. Offered
through GreenStone, DRP protects dairy farmers against losses incurred by market fluctuations beyond their control provides a safety net for unforeseen challenges. 2) The DRP Analyzer Tool is an exclusive product designed expressly for members who have signed a Dairy Revenue Protection application with GreenStone’s crop insurance team. The Analyzer enables customers to follow live daily tracking of producer endorsements and to develop operational projections based on production and revenue floors. The dairy industry comes with an array of seasonal variables; this new tool allows side-by-side comparisons of coverage
