Declared Butterfat
- The Declared Butterfat is the custom butterfat component level the producer chose for the policy.
- This Butterfat percentage is part of the calculation for the Insured Revenue cwt price
Example
3.90% x $2.3363 (Butterfat Insured Price) = $9.11157 (Butterfat price variable of the Insured Revenue cwt price)