FORWARD PRICE CONTRACTS

Land O’Lakes forward pricing contracts provide a variety of contracting programs to allow a dairy producer to further manage their milk and feed price risk.

1) Sign a Participation Agreement*- this give you access to the ability to contract your milk and/or feed
2) Understand your cost of production. Our Dairy Business Advisors are here to help you understand the cost of doing business to further inform your marketing decisions.
3) Build a market plan with goals and targets to manage margin
4) Execute on one of the many contract types offered by Land O’Lakes Risk Management

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Dairy Revenue Protection

Land O’Lakes is proud to offer Dairy Revenue Protection Insurance to our Dairy Members. Dairy Revenue Protection (Dairy-RP) is designed to insure against unexpected declines in the quarterly revenue from milk sales relative to a guaranteed coverage level.

Request a quote today!

• Price & Production Protection: revenue is protected from changes in both prices and state level production
• Class & Component Pricing: milk prices used in the policy are not one-size-fits-all and they can be customized to the producer’s specific operation and geographic location
• Affordability: the premium cost is subsidized by 44%-59% by the USDA and payments are not due until the end of the quarterly insurance period
• Uncapped: the program has no caps on volumes or payouts and can be used by dairies large and small in all fifty states to cover up to 95% of their milk production volume

Dairy Business Advisor

Land O’Lakes Risk Management has a team of qualified staff to help you, as a dairy member, navigate the following tools to manage your business margins:

Conduct a cost of production/breakeven analysis on your dairy or farm enterprise to better understand your pricing risk

Market Planning: build an executable plan to manage your price risk exposure in both milk and feed

Dairy Revenue Protection Insurance: not sure what your policy should look like? We can help!