Profit Tips
July’s all-milk price fell to $25.70, a $1.20 decrease from June. The income over feed costs, as calculated by Dairy Margin Coverage was $9.92, $2.00/cwt. less than June.
Cheese and butter prices continue to hold a large price difference with butter around $1.00 higher than cheese. One reason for this is the substantial difference in inventory levels between cheese and butter.
While the process of finding an employee who fits the bill remains challenging, taking time to showcase your farm’s culture and making them feel a part of the team could help your new hire stick around a little longer.
Become a place that people want to work, and then when people hear you have an opening, they come to you.
President Trump has added $1 billion to the U.S. Department of Agriculture’s Farmers to Families Food Box Program and extended it beyond the end of October.
Three dairy producers openly talked about technology must-haves and how ROI comes into play when making technology investments.
The August Milk Production report outlines U.S. milk production is up a modest 1.6% over August 2021. Even so, cow numbers declined 11,000 head from a year ago, but increased by 8,000 head from July 2022.
As dairy producers closely watch the markets, including milk fat paid to dairy farmers hitting a new record level, many question how they can capitalize on record butterfat levels and increase their bottom line.
The terms profitability and cash flow are often used interchangeably. However, confusion between the two can cause producers to make decisions that are not in their best long-term profit interests.
Whether we are using cameras and security systems or phones and computers, data is everywhere. During a recent PDPW Dairy Signal broadcast, Toby Cherny outlines the importance of keeping your farm data safe.
Always looking for the next opportunity, Kutz Dairy is positioned for growth. With the technologies currently in place on the Wisconsin dairy, Allan Kutz believes the next steps of growth will be easier.
While Lung Ultrasound is the cornerstone of any good Calf Herd Health Program, there are many other benefits to getting your herd vet in your calf barn on a regular basis.
Oregon dairy farmers are being a target once again. This time a group of environmental, public health and animal welfare petitioned Oregon regulators to approve new rules targeting air pollution from large-scale dairies.
Grayhouse Farms’ decision to build a new dairy was not one that was taken lightly. Brothers Jimmy and Andy Gray built a brand-new dairy five years ago with conservation and efficiency in mind.
Over the weekend, monsoon storms came through Arizona. A huge concern facing farmers in the western part of the U.S. is water scarcity, so it’s easy to understand why Arizona dairy farmer Casey Dugan welcomed the rain.
California dairy farmer, Steve Maddox found a newfound love for Amazon Prime, who hauled premium alfalfa dairy hay from his Logan, Utah hay ranch to his Riverdale, Calif. dairy farm.
The On-Farm Milk Storage & Handling Grant provides grants for dairy farmers to access funds that support the purchase of equipment and other related costs that will improve milk storage, handling and energy efficiencies.
With the drive to become carbon neutral by 2050, America’s dairy farms bring more than milk to the market. They are looking to exchange carbon credits for dollars. Caballero Dairy will soon be in this market space.
Making a big investment on a farm takes a lot of consideration. Often, owners meet with outside team members to help brainstorm and think through this process. The same holds true when producers look to purchase robots.
A big opportunity for forward-thinking, elite businesses is to attend the 20th Anniversary of the Milk Business Conference at the Paris Casino & Hotel in Las Vegas December 13-15, 2022.
An often-over-looked expense is having excess corn silage inventory. The decision has to be made soon, when you are chopping—to sell it or use it on the farm.
Dairy farmers pray that roads stay open and power stays on as winds from thunderstorms aggravated the McKinney fire in Northern California, burning more than 60,000 acres as of Sunday evening, according to InciWeb.
Managing heifer inventories on a dairy farm is not always easy. Deciding which heifers to keep and which to sell, as well as breeding decisions, can be a challenge. Experts offer seven tips on selling surplus heifers.
Last week, the Federal Reserve enacted another 0.75%-point interest rate increase to help combat high inflation rate. This increase in interest rates adds an additional cost that the farmer must carry.
The Innovative Dairy Farmer of the Year award is sponsored by IDFA and Dairy Herd Management. Nominees will be judged on current methods as well as their positioning to meet future economic and business challenges.
The Mega Millions jackpot has hit its second-highest amount ever at $1.1 Billion. Most farmers wouldn’t have to think twice about how they’d start spinning the Mega Millions jackpot if they won.
Learning by doing is the mantra for a lot of dairy farmers and Walter Graves is no exception. Graves was recently awarded a Young Jersey Breeder Award from the American Jersey Cattle Association.
As we soon will be flipping the calendar to August, you likely already have your chopper in the shop. Mike North, president with ever.ag says there is a narrow window to get things priced in terms of silage.