A pair of Dairy Directions seminars will be held in December, providing information on how to best manage a dairy operation. The first seminar will be held on Dec. 11 at the Iowa State University Extension and Outreach Sac County office, with the second taking place on Dec. 12 at the ISU Extension and Outreach Pocahontas County office. Registration starts at 9 a.m. and the program begins promptly at 9:30 a.m. A free lunch is included and the program will adjourn at 1:45 p.m.
“Dairy producers in these areas will have the opportunity to have the most current researched-based dairy information presented by experts,” said Fred M. Hall, dairy specialist with ISU Extension and Outreach.
Topics will include a discussion of the United States Department of Agriculture’s Dairy Revenue Protection program and other risk management tools by Robert Tigner, agricultural economist with the University of Nebraska-Lincoln. Brett Stanley, special investigator with the Department of Homeland Security, will share information on legal requirements when dealing with immigrant labor. Mark Olsen, farm financial associate with ISU Extension and Outreach, will review of the benefits of using accrual accounting records to manage the dairy enterprise and Hall will give his dairy market outlook.
With the current climate around labor and immigration, there is no hotter topic in the dairy industry. Stanley will share his insights as a Department of Homeland Security investigator and walk producers through what they need to do to protect their business in case of an audit.
The old saying that “you can’t manage what you don’t measure” has never been more true in the current era of low milk prices and tight cash flows. Olsen will help producers understand how accrual accounting differs from the cash system and how it will help manage the enterprise more effectively.
While there is no registration fee, pre-registration is required to reserve a seat and guarantee a free lunch. Contact the ISU Extension and Outreach Sac County office at 712-662-7131 or ISU Extension and Outreach Pocahontas County office at 712-335-3103 to register. The Sac and Pocahontas offices will host the program and provide the lunch and Alltech has provided additional sponsorship.
Contact Hall at 712-737-4230 for more information or with any dairy question.