Hedging: A sustainable Business Practice
Hedgers enter transactions to avoid potential future losses. Speculators enter transactions to “beat” the market. Hedging results in a known price today for something you will sell or buy in the future. The transaction replaces uncertainty with greater certainty. Conversely, doing nothing to insure against loss is speculating. FULL STORY »
Keep expenses in the content of profitability
Milk and feed price volatility — and their associated challenges — aren’t going to disappear anytime soon. While it’s essential to monitor these factors, it’s easy for dairy producers to hone in on expenses during tough economic times and overlook the larger profitability picture. FULL STORY »
What keeps employees?
It would be easy to think that when an employee leaves your farm, at least you are saving a few dollars on the payroll. Actually, various studies have shown that you will probably incur costs to the business equal to 30 to 150 percent of that person’s pay. The payroll is lower, but shuffling staff to cover the opening, the hiring process and training time all hurt productivity on the farm and may incur some actual costs for overtime, advertising, and so on. FULL STORY »
Precision dairy technology is rapidly changing the dynamics of the industry. There are many technologies available, but selecting the right type of precision equipment to invest in can be a difficult choice. FULL STORY »
The good side of technology
Dayton, Texas — In late July, I found myself poking at hay bales, seeing if my finger could press in a little ways in the middle of a round bale — but hardly any on the outer portions since it was wrapped so tight. On a field day with the New Holland folks, I became more and more aware of the science of hay-making. For example, bale weights can tell you where the best hay in the field is located. FULL STORY »
New-style calf barns spring up
The brutal winters of the Upper Midwest have motivated some producers to seek alternative housing facilities for their calves .They want an option that offers the environmental and health benefits of hutch housing FULL STORY »
- “Ag-gag” laws in the news
- Conventional agriculture winning some, losing some in culture war
- Can genomics, OPU and IVF take the industry to the 'next level?'
- Monsanto opens search for 2014 "Farm Mom of the Year"
- School breakfasts celebrated from coast to coast
- California February 4a/4b prices new record highs