In just two years, Dairy Farmers of America (DFA) transformed itself from selling over one-half of its members’ milk to third-party processors to processing two-thirds of its own milk
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
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
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...
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...
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
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