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Recently on a Farm Journal Milk Business webinar, three dairy thought leaders talked about the biggest challenges facing producers and what their takes are on risk management strategies.

The U.S. milk-cow herd could soon stabilize as dairy profits improve.

What is motivating the increased levels of components on U.S. dairies? Jim Salfer, dairy extension educator at the University of Minnesota, says the answer at the farm level is multifaceted.

Succession planning can be a complex and emotionally charged process. Achieving consensus among family members, committing to the plan and understanding potential consequences are vital to secure the future of the farm.

Agility — it can be the difference between those who make it in the dairy industry and those who don’t. Learning to pivot to the next stepping stone to success is what leading dairies, like Van Ess Dairy doing well.

Dairies are in a unique position in that they don’t often get to determine their product’s consumer, much less their price. Knowing this, how do we leverage USP’s in the dairy industry?

Waste milk is not necessarily the “free lunch” it is often perceived to be, and may actually be a quite harzardous and costly liquid ration option.