When I saw the title for this month’s discussion on risk management, my mind jumped to milk futures and feed prices. But the more I thought about it, there is more at risk than one year’s profit-and-loss statement.
Real estate purchases should be based on long-term, sustainable land values and evaluated as part of a producer’s entire operation, including production expenses.
It doesn’t matter how well we think we’re doing with cow comfort; there’s always room to improve. One main focus is to provide a dry, clean place that cows want to lay in.
