The article highlights the strengthening of Class III and IV milk prices in 2024, driven by cheese demand and export requirements for whey products. It emphasizes the importance of risk management for producers, especially with market volatility, and introduces the Dairy Revenue Protection (Dairy-RP) program. Managed by the USDA's Risk Management Agency, Dairy-RP aims to safeguard a significant portion of total milk production in the U.S. by providing a revenue guarantee based on future milk and dairy commodity prices. The program offers two pricing options and up to 95% coverage of expected quarterly revenue. Additionally, it provides a localized approach and financial support for producers, offering a crucial tool for financial stability in the dairy industry. Producers are encouraged to consider enrolling in both Dairy-RP and Dairy Margin Coverage for comprehensive risk management.