Profit Tips
Alternative revenue sources are becoming more and more common to help producers financially stay afloat. The goal moving forward is clear: striking a delicate balance that ensures longevity and relevance in an ever-changing industry.
Getting a second opinion is not just about attention to detail — it’s about adopting a mindset that welcomes change and innovation. For dairy farmers striving for financial stability and growth, this outlook can be transformative.
Recent developments have shown just how rapidly perceptions can change, with the pricing gap between beef-on-dairy calves and their native counterparts narrowing remarkably.
The economic decisions involved in heifer management are not just about immediate costs. They are a long-term investment strategy that can determine the future productivity and profitability of a dairy farm. Choosing which heifers to keep, which to sell, and how to feed and care for them requires a deft balancing act. Factors such as genetics, health and market demand all play a role.
With tight grain storage and relatively low corn prices, many dairy producers are contemplating the strategic move of chopping additional acreage of corn.
While return on investment is a key factor when choosing the best investments for your farm, other management and financial aspects should also be considered.
Full Circle Jerseys is strategically transitioning its 5,000-cow herd from straight Jerseys to Holstein x Jersey crossbreds.
Growth in Ben Smith’s dairy operation isn’t just about expanding the acreage or increasing the number of cows. It’s about capturing opportunities that align with their values and boost efficiencies.
In the heart of central California, Lumar Dairy stands as a dynamic example of how commitment to heritage and openness to change can coexist and thrive.
As dairy farmers navigate the complexities of integrating new technology into their operations, a strategic focus on evaluating ROI can lead to smarter, more impactful investments.
The dairy industry has witnessed a notable rise in the integration of beef within its realm, marking a significant shift that prompts us to ask, “When is high too high?”
It requires a mix of proactive management and strategic planning to thrive in this ever-evolving market landscape.
This Milk Business Young Producer Award recipient is generating income by selling surplus fresh cows.
The focus remains on leveraging existing operations to find value beyond the milk check.
A transformation is unfolding with geographic shifts, milk solids and revenue streams
A sneak peak of Farm Journal’s leading-edge survey insights illustrates strategic solutions that generate renewed confidence, ensuring a promising path forward for the industry.
As the dairy industry evolves, small farms face critical questions about sustainability, profitability and the most effective methods for expansion.
The accelerated changes in butterfat and protein production present a promising horizon for the dairy sector, setting the stage for continued growth and opportunity on both domestic and international fronts.
With dairy replacements in tight supply and beef-on-dairy calves worth a small fortune, monitoring the health and management of livestock is just as crucial as keeping a close eye on financials.
As dairy producers strive for efficiency and higher profitability, the famed “7 lb. target” has become a focal point in dairy production conversations.
The CEO of Legacy Ranches shares the benefits of making efficiency an essential part of its operations.
By focusing on these metrics and strategic areas, dairy producers can not only survive but potentially thrive in a challenging economic climate.
Over the past decade, South Dakota has cemented its position as a leader in the dairy industry, thanks to remarkable growth in its dairy cow population. According to data from the U.S. Department of Agriculture, the number of dairy cows in the state has more than doubled, marking an impressive 117% increase.
Producers are challenged paying the bills with the lack-lusting prices that have shown up on milk checks this summer. Dairy financial leaders share tips on what to do and not to do to survive tough financial times.
The dairy cattle market is currently experiencing an unprecedented surge in demand, creating a bustling atmosphere in the industry. As the competition heats up, market players are closely observing what is currently trending – is it beef-on-dairy calves or the traditional dairy replacements and fresh cows?
Strategically planning a dairy cow’s transition out of the herd can maximize meat quality, carcass yield, and overall profitability.
In the face of fluctuating market dynamics and economic pressures, innovative profitability strategies have become crucial, particularly in the dairy industry.
The dairy market is experiencing a significant transition as economic factors from 2022 carry over into 2023, impacting milk production levels. Phil Plourd, head of market intelligence at Ever.Ag, recently discussed these developments with Chip Flory, host of AgriTalk.
In South Dakota, you’ll find a 130-year-old dairy operation that runs on passion, perseverance and a focus on finding the right people. This dynamic trifecta is what makes up the unparalleled culture of MoDak Dairy.
Bateman’s Mosida Farms in Utah is named the 2024 Innovative Dairy Farmer of the Year by the IDFA because of their ability to innovate and diversify to better care for their cattle and land.