Rice Dairy Risk Services (RDRS) is an insurance agency focused on dairy insurance products.

 

THE RICE DAIRY NETWORK

Rice Dairy LLC belongs to a network of leading dairy service providers and we tap into these affiliations to serve our clients.

Rice Dairy LLC is a dairy brokerage firm specializing in comprehensive solutions to dairy price risk management. Rice Dairy operates globally and services the entire dairy supply chain, from dairy farmers and cooperatives and to processors, physical traders, and other commercial entities.

Rice Dairy International is dairy risk management consulting firm with a focus on the European markets. RDI consultants bring to the table a deep understanding of industry best practices as well as a passion for embracing innovation.

Vault Technologies LLC  empowers dairymen through its financial software by providing them with the relevant data and the forecasting power they need to make more informed decisions.

 

OUR TEAM

  Leadership

Brian Rice – Owner, Agent

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Brian Rice is the founder and Co-Owner of Rice Dairy LLC, a dairy brokerage firm in Chicago, IL. He started his career as an order clerk for First American Corp. and a trader for the Iowa Grain Company before founding Rice Dairy in 2002.
Thirteen years later, Rice Dairy LLC is now the leading brokerage firm in the dairy industry, offering consulting and brokerage services along with information products and educational resources. Rice is also the CEO of Vault Technologies, a dairy software start-up and the co-director of Rice Dairy International Ltd. He sits on the Board of Directors of the International Dairy Foods Association (IDFA) and is a member of the American Dairy Products Institute’s (ADPI) price and policy task force. Outside of work, Brian and his wife Mindi keep busy raising their three daughters outside of Chicago.

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Pete Turk – Owner, Agent

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Peter Turk is the Co-Owner of Rice Dairy LLC, a dairy brokerage firm in Chicago IL. Turk started his career in the commodities industry at Staley Commodities, an agricultural clearing firm. He served a variety of roles in the industry, including most notably as Principal and Vice President of Sales and Business Development for Iowa Grain Company, before joining Rice Dairy in 2005

During the past ten years at Rice Dairy, Turk and co-owner Brian Rice have grown the company into the leading brokerage firm in the dairy industry, offering consulting and brokerage services along with information products and educational resources. Turk is also the co-director of Rice Dairy International Ltd., a Partner at Vault Technologies, a dairy software start-up, and a Principal of Dairy Opportunities, an award-winning investment management firm.

Turk is currently a registered floor broker at the Chicago Mercantile Exchange and previously served on the Board of Directors for the National Introducing Brokers Association (NIBA) for several terms. He has a strong background in agricultural markets and a successful track record in operational improvement and new business development.

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  Agents

Zach Bowers – Agent

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As an analyst at Rice Dairy, Zach focuses on dairy risk management. He grew up working on hog and dairy farms in Northwest Indiana and brings this agricultural experience to his role. Zach also serves as project manager for Vault Technologies, helping guide the development of new features for the software. He graduated from Calvin College with a bachelor’s degree in Finance.

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Andrew Faulman – Agent

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Andrew “Andy” Faulman has been with Rice Dairy for more than 10 years. In his current role at Rice Dairy, Andy spends his time assisting customers remotely and in the office. Andy also writes our daily newsletter, The Rice Dairy Report. This report includes a recap of day-to-day activity as well as short and long-term market analysis based on fundamental and technical analysis. He brings his extensive knowledge of dairy markets to the insurance side to help his clients find the best option for them. Andy graduated with a bachelor’s degree in finance from the University of Idaho in 2007.

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Cody Koster – Agent

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As an analyst and insurance agent, Cody primarily focuses on helping dairyman develop strategies to manage their price risk, and helping with all other dairy risk needs. Cody particularly wants to provide an open line of communication between himself and his clients to help find the best solution for protecting this business on the insurance side and find the best possible solution to fit their specific needs. He grew up on a family dairy in Northern Michigan, worked on the farm prior to joining Rice Dairy, and still travels back whenever he can. Cody uses this first-hand experience to connect with and help other producers as well as commercials and processors. He also serves as a customer success representative for Vault Technologies, where he helps dairy producers apply the software to their businesses. Cody graduated from Michigan State University in 2011 with an associate’s degree in Dairy Farm Management.

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Ben Moest – Agent

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Ben joined Rice Dairy in June of 2018.  As an analyst, Ben (primarily) helps dairymen develop and execute risk management strategies to help stabilize margin variability. Ben also assists in the development of Vault Technologies software.  Ben grew up on his family farm which operates independently, producing farrow-to-finish hog and crop operation. He then attended the University of Wisconsin-Platteville where he graduated with a Bachelor’s Degree in Agricultural Business with emphasis on commodity & price analysis in May 2018.  His producer perspective and first-hand knowledge of the large capital risks producers face inspired him to help other producers manage theirs.

In his free time, Ben visits his family farm to work.  He also enjoys playing a variety of sports, powerlifting, and spending time with family and friends.

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Trevor Slegers – Agent

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Since joining Rice Dairy in 2013, Trevor splits his workday between the CME floor operation and the office. On the floor, Trevor works with the senior staff on all facets of order flow in options and cash market. In the office Trevor works with customers on risk management strategies, execution and dairy market analysis. Working with a mix of producers & commercials worldwide, he is exposed to the whole gamut of the dairy supply chain. Growing up on a family dairy farm in Bakersfield, California, his producer background is put to good use providing expertise on California dairy prices and fundamentals. He graduated from Fresno State University, earning his Bachelors in Agriculture Business.

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Ryan Yonkman – Agent

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At Rice Dairy, Ryan primarily focuses on helping dairy producers develop and execute their risk management strategies as well as working with a few commercials and co-ops. As a Risk Manager and Agent, he is very excited to bring insurance in-house, making Rice Dairy a one-stop shop for clients. With this in mind, Ryan’s objective is to help dairymen manage their risk and find the best solution for whatever their needs may be.  He frequently draws on his own experience growing up and working on his family’s midsize dairy farm in northern Michigan. Ryan is the co-founder of Vault Technologies, which offers financial software for dairymen that combines dairy farm data with futures prices to create a two-year forecast. He earned a bachelor’s degree in business management from Hope College in western Michigan.

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  Operations Personnel

Mary Klein – Back Office

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Mary brings more than 25 years of experience in the futures industry to the Rice Dairy team. In the Compliance role, Mary’s emphasis is on the ever-changing landscape of compliance within the futures industry. Her role in finance includes client billing, cash management and accounts receivable. Mary has an enthusiasm for maintaining a high level of customer service throughout all of her roles. During her tenure in the futures industry, not only has Mary worked with several prominent FCMs, but she has worn many hats and assisted in various areas as she came through the ranks to help further her education in the futures industry. Mary has attained her Series 3 futures brokerage license and is a graduate of Southwestern Michigan College with an A.A.S. degree in Accounting.

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(312) 492-4273

info@ricedairy.com 

135 S LaSalle St
Suite 3000
Chicago, IL 60657