Preparing a Sound Dairy Risk Management Plan

Farm Credit East Hosted Informational Webinar

There are a number of risk management options for dairy producers, including a new dairy revenue insurance product, to help them protect their businesses against market uncertainty. To learn more about the new dairy revenue product and other dairy risk management options, Farm Credit East and Crop Growers hosted a Dairy Risk Management webinar on Friday, October 5. The recording from this webinar is available below.

The webinar provided an overview of the available dairy risk management options offered through the USDA’s Risk Management Agency and Farm Service Agency. A primary focus was on the newly released Dairy Revenue Protection program. The webinar reviewed several coverage strategies and addressed attendee questions.

Jeremy Forrett, Vice President of Crop Growers, LLP, presented this webinar to discuss the Livestock Gross Margin Protection program. Zach Hyland, Marketing Supervisor of Rain & Hail, discussed the newly released Dairy Revenue Protection program. Clark Putman, State Executive Director of the New York State Farm Service Agency, discussed the dairy Margin Protection Program. Farm Credit East business consultant John Lehr also joined to discuss developing a sound risk management plan for dairy operations.

Click below to view the recording of this webinar.