Peterson Welcomes Dairy Revenue Program

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Peterson Welcomes Dairy Revenue Program

The following press release was published by the House Committee on Agriculture on Aug. 8, 2018. It is reproduced in full below.

House Agriculture Committee Ranking Member Collin Peterson welcomes the announcement of the Dairy Revenue Program, a new risk management product for our nation’s dairy producers approved through the Federal Crop Insurance Act process by USDA-RMA earlier today:

"As I meet with farmers around my district, it is clear that times continue to be tough for the dairy industry. Our producers need more tools to manage their risk. Individual dairies have diverse risk management needs, and I’m glad to see this new and innovative revenue insurance product announced. I hope DRP is the first of many new insurance products for livestock since new opportunities with private insurers and the Risk Management Agency were opened earlier this year."

Source: House Committee on Agriculture

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