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Risk Management
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Maximizing Dairy Revenue Protection: Insights from five years of data

Since 2019, roughly 27% of the U.S. milk supply has been covered under Dairy Revenue Protection. The insights gleaned from the last five years of Dairy-RP data highlight the importance of strategic decision-making and a long-term perspective in managing risk.
April 4, 2024
Alex Gambonini

Dairy Revenue Protection (Dairy-RP) has emerged as an effective risk management tool for dairy producers, offering protection against unexpected declines in quarterly milk revenue.


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Fraud on the farm: It’s time to protect yourself

Six common types of cyberattacks and payment fraud outlined, along with tips to implement in a fraud prevention protocol.
March 26, 2024
Brad Guse

Agribusinesses may be more susceptible than other businesses to payment fraud because fraudsters perceive them as being both lucrative targets and having less sophisticated fraud protection tools. Read on for tips to help prevent six common types of cyberattacks and payment fraud.


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Dairy risk management calendar: April 2024

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
March 23, 2024
Jenn Coyne

Here's Progressive Dairy’s look ahead at important dates, reports and advice affecting risk management decisions, as well as other information impacting your milk check in April.


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Dairy risk management calendar: March 2024

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
February 26, 2024
Jenn Coyne

Here's Progressive Dairy’s look ahead at important dates, reports and advice affecting risk management decisions, as well as other information impacting your milk check in March.


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A focus on ‘quality over quantity’ at Doll’s Dairy Inc.

February 25, 2024
Kimmi Devaney

A goal to get an extra lactation out of their cows improved more than herd longevity at Doll’s Dairy Inc. in Pocahontas, Illinois. It also provided additional opportunities to diversify the farm’s revenue streams, including selling beef-on-dairy calves and excess heifer calves.


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2024 DMC program enrollment to begin Feb. 28

Payments that were triggered in January will be dispersed as soon as March 4.
February 23, 2024
Jenn Coyne

Service enrollment for the 2024 Dairy Margin Coverage program will begin Wednesday, Feb. 28. Dairy producers will have until April 29 to complete their enrollment in the voluntary dairy safety net program.


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Dairy risk management calendar: February 2024

Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
January 29, 2024
Jenn Coyne

Progressive Dairy provides monthly online updates of important dates, reports and factors affecting risk management decisions.


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DMC program software update likely in February or March

The new software is necessary to make milk production history modifications for the 2024 DMC coverage period.
January 22, 2024
Dave Natzke

Dairy Margin Coverage (DMC) program software updates necessary for 2024 enrollment will be available in February or March.


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Economic Update: Lots of dairy numbers to start the new year

Concerns over higher interest rates, input inflation and supplies are subsiding.
January 3, 2024
Dave Natzke

Here’s an update on economic factors impacting your dairy profitability during the first week of January 2024.


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November 2023 DMC margin moves above indemnity trigger

Small changes in the U.S. average feed cost and milk price were enough to push November’s Dairy Margin Coverage (DMC) margin higher.
December 29, 2023
Dave Natzke

The USDA National Agricultural Statistics Service (NASS) released its latest Ag Prices report on Dec. 29, including factors used to calculate the November 2023 Dairy Margin Coverage (DMC) margin.


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