Profit Tips
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.
One, two, three strikes you’re out. While this saying goes hand in hand with baseball, some farmers are wondering how many strikes until they let an employee go, as they deal with one issue after the next.
Markets can be driven by trader psychology for a period of time and can result in prices being overdone to one side or the other. In the end, fundamentals rule. Recent reports may indicate the market may see a change.
Putting a value on corn silage, even when it never leaves the farm is also necessary. Gary Sipiorski says that most farms do not put any kind of a cost on planting corn for silage – and they really ought to.
Many farmers have pushed pause on expansion plans since the pandemic due to the economic uncertainties facing agriculture. Farmers are still plagued with financial worries and wonder if now is the time to build or not.
The recent historic high milk prices have been overshadowed by the feed costs that continue to climb. However, producer, Ryan Junio, owner of Four J Jerseys, number one concern is water scarcity facing California.
Erik Weihenmayer has climbed Mount Everest and kayaked the Grand Canyon while blind. He shares that our mindset can not only help us overcome our challenges, but also help us reach once the impossible goals.
How to free up your balance sheet and get rid of excess heifers.
Americans are seeing a once-in-a-generation price spikes at the grocery store. The picture is mixed when looking at how Inflation has affected dairy in comparison to other food products.
While three generations of Chittenden’s never asked to be in this AJCA leadership role, they stepped up to serve when asked by fellow Jersey breeders and industry leaders. It’s just what they do, step up and serve.
Trent Dado’s phone rang nonstop yesterday with the consistent question, “Is now the time to buy?” The Independent Dairy Nutritionist and Management Consultant says the short answer is, “Probably, yes.”
The Idaho Department of Environmental Quality has partnered with the Idaho State Department of Agriculture and the agricultural industry to offer CAFO grants through a new program that pays for improvements.
Paying the bills while looking good sums up the herd of Keightley-Core Jersey in Kentucky. Their show winning record and high production makes it no surprise that Jeff and Alta Mae Core have been named Master Breeder.
The Neuenschwander brothers have thrived during a tough dairy economy because of their ability to maximize cow comfort and produce excellent genetics on their Indiana dairy.
Knowing labor is one of the most important resources on the farm, the conversation turns to retention, to reduce labor pains. Leading experts share tips to keep team members motivated, trained and engaged.
The long over-due market turnaround has dairy farmers smiling, but financial experts advise producers to review their profit and loss statements to truly understand the strength of their farm’s financial portfolio.
Ongoing issues with grain moving to areas of the Southwest and West due to delays in rail service has California dairy producer Darlene Lopes frustrated. She worries that soon no corn will be available to feed her herd.
The soaring costs of labor and the overall lack of availability of labor forced changes to Bocksell Farm. The Wisconsin farm downsized their herd to produce a sustainable dairy operation that worked for their family.
The increased cost associated with raising heifers has made producers retool their thinking. Earlier management decisions are happening on dairies, with a more dialed-in, strategic breeding philosophy being adapted.
Unaware of what’s coming next, Arizona dairy farmer Craig Caballero always keeps his eyes on the ball — something he learned from his time behind home plate as an MLB catcher in the mid-90s.
While feed costs have significantly increased year-over-year, leading dairy nutrition consultants says don’t shortchange feeding heifers, even if they are viewed as an expense for your dairy.
The biggest conversation in 2022 for McCarty Family Farms, LLC has been centered around finding a balance of taking care of their cattle and land and avoiding any catastrophic mistakes.
USDA announced April’s Class III price to be $24.42/cwt., the third-highest on record. With 2022 forecast showing high prices, it is of no surprise that enrollment in the USDA’s 2022 DMC program showed a decline.
Michigan dairy farmer, Ashley Kennedy, grabbed the opportunity to have a front-seat voice to testify at the Senate Agriculture Committee’s first hearing committed to the upcoming Farm Bill.
Once farmers get to the field, they will have plenty of tractor time to think about all the challenges that face them. Reach out to your dairy team leaders to to maximize your dairy’s profit while you’re in the field.
Rising early to feed his cows is part of Wisconsin dairy farmer, Chris Pollack’s morning routine. He paused long enough from his routine to go on live network television to talk about issues that impact his dairy.