September 16, 2026: What’s the Value of Implementing a Risk Management Strategy?

Well, it depends, but it is certainly positive if we were to assign a dollar value to it. As a dairy producer, you are exposed to various risks throughout the day. Farming is risky, but having protocols in place can mitigate risk and help your operation weather the storm when it arises. I recently had the opportunity to speak at the Ag Progress Days Agricultural Industry Breakfast, where I shared some thoughts on risk and how to manage it. As I was preparing for that presentation, an analogy struck me – having a risk management strategy is like using the bumpers on a bowling lane.

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