Center for Dairy Excellence
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Healthy cows are about biology. Healthy farms are about economics. You need both. Join us on Friday, March 20 at 12 p.m. EST, for this month’s “Protecting Your Profits” webinar titled “The Missing Metric: How to Calculate Your Dairy’s Biological and Economic Health.” Hear expert insight from Dr. Joe Bender, Associate Professor of Clinical Dairy Production Medicine at the University of Pennsylvania – New Bolton Center. Click here to sign up for the webinar! Connection details will automatically be sent to you via email after you sign up.
Biological health refers to the physical health of your cows, including freedom from disease, longevity, and comfort. Economic health centers around the cow’s financial viability, productivity, and cost efficiency of your herd. It’s easy to pick out a biologically unhealthy cow – you’ll often see physical signs like lameness, sickness or thinness. Economically unhealthy cows, on the other hand, are harder to find. To truly evaluate your farm’s economic health, you need to know your metrics, including cost of production and profit margins. When you master biological health, you have a herd capable of strong milk production. When you master economic health, you’ve made decisions to ensure strong financial performance, operational efficiency, strong balance sheets, and good ratios.
During the webinar, you’ll learn:
- How to balance both sides of the biological and economic health equation (the cow level and the business level).
- How ratios demonstrate the economic health of your farm.
- How to move items from the liability side of the equation to the asset side.
- Practical ways to balance strong milk production with strong economic health, so you have the right formula to make a good product and take good care of your cows and employees.
Click here to sign up for the webinar! Connection details will automatically be sent to you via email after you sign up.
Visit www.centerfordairyexcellence.org/pyp to listen to a recording of this “Protecting Your Profits” discussion in podcast format and subscribe to get notified when new episodes are released. The episode will be published after the live webinar is over.
Meet the Speaker:
Dr. Joseph Bender is the Associate Professor of Clinical Dairy Production Medicine at the Center for Animal Health and Productivity at the University of Pennsylvania School Of Veterinary Medicine – New Bolton Center. Dr. Bender received his Bachelor’s degree in biology from the University of Findlay in 2003 and his Doctor of Veterinary Medicine and Master’s Degree (Preventive Medicine) from Iowa State University in 2010. Since arriving at PennVet in 2013, Dr. Bender’s area of concentration is providing on-farm consultation to dairy farmers throughout Pennsylvania to improve production and profitability. Dr. Bender’s service, research, and teaching focuses on animal health economics, reproduction, and dairy nutrition. Dr. Bender was raised and currently resides in Landisville, PA with his wife Alison, and son Alden.