Markets & Management

Milk price volatility has been the reality in the dairy industry for decades. Unfortunately, today’s volatility seems to be much more difficult to manage without some sort of risk management  strategy. Risk management strategies have existed for a long time but have been underutilized by the dairy industry. There are more options now than ever before to help manage low milk prices. When COVID-19 market disruptions first occurred, I heard a lot of economists describe it as a “black swan” event, an event that occurs without warning to cause economic disaster. Read More