WASHINGTON—The American Farm Bureau Federation and American Farm Bureau Insurance Services have been collaborating to develop a new dairy insurance product and are hosting an online survey to support market research efforts.

Dairy producers can access the survey at farmbureausellscropinsurance.com/dairy-risk-survey.

Called Dairy-Revenue Protection, the new product would be similar to crop revenue protection policies, offering regional risk management against milk price and production declines. AFBF and AFBIS are preparing a concept proposal to submit to the U.S. Department of Agriculture in April. If approved, the product could be available to producers in late 2018 or early 2019.

Media: Contact Mary Kay Thatcher, AFBF senior director of Congressional relations, at 202-406-3661 or John Newton, AFBF director of market intelligence, at 202-406-3729.