Running a dairy farm means there is a lot to think about . . . animal health and welfare, nutrition and production, labor issues, finances and capital investment decisions, controlling costs

Despite all the challenges the pandemic brought to 2020 and 2021, overall farm income ended up looking better than one might expect

When considering the acquisition of a long-term asset, a farmer is analyzing a capital investment. Dairy farms have multiple and diverse situations in which a capital investment needs to be evaluated

The combination of higher feed costs and falling milk prices induced the largest payments so far this year for USDA’s dairy insurance program

In my April 25, 2021, column titled, “Keep an eye on the five major farm risks,” I introduced the “Five categories of risk” that farmers face

Oklahoma State University created a model that compares business and estate transition strategies and the probability of success

Dairy farming is increasingly characterized by growing farm sizes and more levels of uncertainty

“We really like the dairy business, so we want to stay in it.”

The current economic context implies a high level of market uncertainty. But overall, the farm economic climate is better than expected. The CME/Purdue “Ag Economy Barometer” reports that...

What makes a dairy profitable? There are many potential answers, but one in particular rose to the top in Cornell University’s recently completed Dairy Farm Business Summary. It’s what Cornell...

Many farmers have likely been taking a closer look at and using a sharper pencil with their financial information over the course of the pandemic

It’s easy to agree that these are unprecedented times and that the pandemic has thrown the nation and world into dire economic straits

Since June 2019, 580 American farms filed for Chapter 12 bankruptcy according to the American Farm Bureau Federation

The novel coronavirus disease (COVID-19) continues to impact communities across the country, the broader economy, and impacts farmers and the lenders who loan money to them.

While producers have until the end of August to sign up for Coronavirus Food Assistance Program payments, only $7 billion has been awarded to 521,853 applications as of August 10

The market volatility of the COVID-19 pandemic has forced many farms to take a closer look at their financial statements and, in some cases, wish they would have done things differently

What can small dairy farms learn from fellow small businesses outside of agriculture?

With the turmoil of dairy markets the past few months, farmers may likely be looking a bit deeper into their balance sheets and income statements for 2020

Financial strategy for dairy farms during COVID-19 has looked a little bit like a roller coaster. While milk prices plummeted and then started to rebound, many farmers revisited their budgets

Making informed decisions is a key business component for any farm. This is true more than ever in the tumultuous world of the COVID-19 pandemic