Information and data analysis is vast within the dairy industry these days. It can be overwhelming trying
to decide which numbers you should be paying attention to and
what those numbers even mean sometimes. Whether you’re looking
at herd health, breeding data, or nutrition information, it’s all relative
and important to your bottom line. In my opinion, one of the most
important numbers-when looking at risk management and protecting
your bottom line-is your break-even price. More importantly, you
need to understand your Class III/IV break-even price and compare it
to Class III/IV futures.