Dairy producers can gain a stronger understanding of the volatile dairy markets and how to protect their businesses at the 2009 Pennsylvania Dairy Profitability Forum next month.
 
Hosted by the Center for Dairy Excellence and the Pennsylvania Department of Agriculture two sessions featuring profitability and risk management experts David Galton of Cornell University and Phil Plourd of Blimling and Associates, a dairy market consulting firm.
 
The first forum is Tuesday, Oct. 27, in the Banquet Hall of the Pennsylvania Farm Show Complex and Expo Center in Harrisburg, Pa. The second forum is Wednesday, Oct. 28 at the Clarks Mills United Methodist Church. Both events will run from 9 a.m. to 4 p.m.
 
“During the past 18 months, dairy prices have gone from all-time highs to all-time lows, leaving many producers questioning what happened,” says John Frey, executive director of the Center for Dairy Excellence.

Plourd will discuss how dairy is traded on the market and what influences milk prices.
 
Galton will offer dairy farm families a blueprint to survive and thrive in an ever-changing dairy industry. He will address the current dairy industry situation and its potential outlook, helping producers find standard operating procedures they need for future profitability.
 
Participants can also choose to attend two of the four following breakout sessions:

  • “Is Your Budget Balanced?” led by Brad Hilty, Penn State Dairy Alliance. 
  • “Cows Don’t Lie: Three Key Areas Influencing Profitability,” led by Tom Lorenzen, All-Tech.
  • “Understanding and Managing Your Risks,” with Alan Zepp, Center for Dairy Excellence, and Katie Rossini, Dairylea.
  • “Sharing Ideas for Low/No Cost Profit Enhancers,” a panel discussion facilitated by Mike Evanish, MSC Business Services.

There is no charge to participate, however, pre-registration is required. To receive a registration brochure, call the Center for Dairy Excellence at (717) 346-0849.
 
Or click here. When you get to the Web page, click on “Center for Dairy Excellence Events,” then on “Pennsylvania Dairy Profitability Forum”.

Source: Center for Dairy Excellence