Declared Covered Production

• The Declared Covered Milk Production is the amount of milk the producer declares for the endorsement and is the amount that will be covered in the case of an indemnity.
• The producer must be able to prove the production of at least 85% of the declared covered milk production in order to be fully indemnified.
• If the producer fails to produce at last 85% of the declared covered milk production, any indemnity will therefore be pro-rated by taking actual pounds produced / .85.
• In the event the producer produces less than 85% of the declared covered milk production and the endorsement expires worthless, the producer will still owe the premium for all declared covered milk.