As dairies face low milk prices, their ability to endure and recover from volatile conditions is more important than ever

The unthinkable events that occurred in the first six months of 2020 will more than likely have an exceptionally long tail. That tail could be 12 to 24 months out or it may even be years long

There are two ways to look at the problem facing family dairy farms. The first is that of a “farm income problem.” The second is that of a “farm structure problem.” It is common...

The unprecedented volatility in dairy markets over the last several months has raised questions about how milk is priced

For most dairy producers, land is their main source of equity and, with commodity prices in the doldrums, many are putting their hopes in land markets being able to withstand the crisis caused by COVID-19

The cropping enterprise is an integral component to the success of the dairy enterprise and the whole farm in generating profit. Purchased feed costs are usually monitored regularly by producers

The world has changed a lot in the last week and a half, and maybe one of the only silver linings in this situation is that we’re realizing the difference between what we need in order to survive...

The balance sheet is a portrait of the financial condition of the farm. After a period of low milk prices, the balance sheet now tells a story of how the farm weathered the storm

We have all seen the local foods movement continue to expand. Customers looking for foods produced in their region have even been paying more to know where that food was grown

At World Dairy Expo, Chris Wolf, a professor in Agricultural Economics and Management at Cornell University, presented a seminar on the sometimes dreaded topic of dairy farm finances and decision making

Dairy markets keep showing signs of improvements; all the while, the rest of the economy shows enough worrying signs to get the Federal Reserve Bank to lower their interest rate for the second time in...

After 4-1/2 years of difficult milk prices, having an income that reaches over the edge of the cost of production (COP) means that there is finally some extra cash

Most American farmers have supported the federal administration’s strategy to renegotiate trade pacts to promote both fairer and freer trade

A few months ago, I caught wind of a new group being formed — the California Cattle Council — and I was not amused

Returns from making milk in the American Southwest have been tough to come by for dairy farmers

Sign-up for the new Dairy Margin Coverage (DMC) program is well underway, and sign-ups have been steady since enrollment began on June 17

Despite last year’s dismal dairy economics, a few farms in Michigan managed to eke out positive cash flows

One of the biggest threats to the dairy industry today is not what you would think. It’s not pricing or regulations, and believe it or not, it is not even White House politics

There are bad apples in every industry’s barrel, including dairying. In an age of instantly sharing images, backlash to a single bad apple can spoil an industry’s reputation overnight

Mixed movements took place in U.S. prices this past week, while EU prices were mostly weaker. News reports suggest the U.S. is close to an agreement with Canada and Mexico on steel imports