In general, the largest expense on a dairy operation is by far the feed cost. Maybe a grazing herd’s feed costs are lower, but in the Northeast, cows cannot graze year-round and feed cost increases in the winter with grasses dormant and perhaps covered by snow. Unfortunately, commodity prices began to rise last fall and…
Dr. Jud Heinrichs Shared Ways to Manage Input Over Feed Cost in a Recent Webinar With Pennsylvania dairy producers experiencing unusually high feed costs this year, the Center for Dairy Excellence recently hosted a “Protecting Your Profits” webinar that offered strategies for maximizing milk production while input costs remain high. Zach Myers, risk education manager at…
One of my favorite 1980s television series was “The A Team.” The colorful group of vigilantes and their amazing way of pulling things off within an inch of disaster always had me on the edge of my seat. One of the famous sayings that their leader Hannibal would often say is, “I love it when…
We can’t start the next chapter in dairy if we keep re-reading the last one. Whether your dairy farm clients are transitioning to outside partners, trying out new risk management tools, planning for retirement, or working with cooperatives to achieve production growth post-pandemic, the dairy industry has certainly learned a lot from the 2020 milk…
Protecting Your Profits Podcast Managing risk and protecting your profits on a dairy farm isn’t always easy, but it’s a necessary part of running your business. The “Protecting Your Profits” podcast, hosted by Zach Myers, Risk Education Manager at the Center, is designed to give you the data, production trends, and national and statewide updates…
The “Protecting Your Profits” webinar recordings will be published here during the last week of every month. Click here to watch the March 2024 webinar, with special guest Cynthia Walters who talked about the Dairy Margin Coverage (DMC) program. View an archive of past recordings for the “Protecting Your Profit” webinars:
Risk Management Resources Whether you take out an LGM for Dairy policy, contract your milk and feed, consciously build up a rainy day fund, or do a combination of these, there are many ways to protect yourself when dairy margins fall. However, not doing anything at all is no longer an option. Here are a…
Risk Management Resources Whether you take out an LGM for Dairy policy, contract your milk and feed, consciously build up a rainy day fund, or do a combination of these, there are many ways to protect yourself when dairy margins fall. However, not doing anything at all is no longer an option. Learn more about…
